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Comparative Competition PolicyNational Institutions in a Global Market$
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G. Bruce Doern and Stephen Wilks

Print publication date: 1996

Print ISBN-13: 9780198280620

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198280620.001.0001

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(p.xiv) (p.1) 1 Introduction
Comparative Competition Policy



Oxford University Press

This chapter introduces competition as a ubiquitous feature of society, and economic competition as the pre-eminent dynamic force within capitalist market economies. At the risk of stating the obvious, economic theory is far from united on how competition should be conceptualized, and how far competition can be taken as the main explanation of behaviour in the market. In several countries competition policy has taken on the status almost of an economic constitution, comparable in legal terms to the protection of private property or the freedom to contract. Competition policy is centered on law and the main areas of activity are conventionally reviewed in terms of the targets of legal action. This book stresses a political science and public-administrative approach, and in doing so has some claim to originality. The structure of the book reflects the key analytical steps required.

Keywords:   economic competition, market economies, capitalist, economic constitution, competition policy

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