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Global CompetitionLaw, Markets, and Globalization$
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David Gerber

Print publication date: 2010

Print ISBN-13: 9780199228225

Published to Oxford Scholarship Online: May 2010

DOI: 10.1093/acprof:oso/9780199228225.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 26 October 2021

Reconceiving Competition Law for Global Markets: Agreements, Commitments, and Pathways

Reconceiving Competition Law for Global Markets: Agreements, Commitments, and Pathways

Chapter:
(p.293) 9 Reconceiving Competition Law for Global Markets: Agreements, Commitments, and Pathways
Source:
Global Competition
Author(s):

David J. Gerber

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199228225.003.0009

This chapter examines multilateral agreement as a strategy for developing competition law on the global level. It identifies the potential for multilateral agreement, outlines the forms such agreement might take, and dissects the issues that will influence support of a multilateral strategy. The analysis emphasizes the need to adapt any multilateral agreement to the specific needs of competition law development rather than to follow pre-existing forms or subject it to pre-existing institutional procedures. Time and flexibility are likely to be critically important in fashioning an effective strategy, because they allow the obligations of states and the relationships among states to be adapted to the process of economic development. An effective strategy will call for active support from all types of participants in the global economy. The chapter then sketches a conception of multilateral agreement called a ‘commitment pathway’, which is specifically designed to take these factors into account.

Keywords:   multilateral agreement, commitment, pathway, economic development, adaptation, flexibility, time, global strategy, international community, interest alignment

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