The Rationale for Competition Law Design

Stephan, Andreas ORCID: https://orcid.org/0000-0002-9839-7338 (2022) The Rationale for Competition Law Design. In: Perspectives on Antitrust Compliance. Concurrences, pp. 7-20. ISBN 978‑1‑939007‑18‑6

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Abstract

The purpose of this paper is to explore the rationale for competition law design, to help understand the key challenges posed within the sphere of competition compliance. While there are important differences between the 140 or so competition law jurisdictions around the world, there is also a significant amount of similarity and convergence in the design of substantive rules and in the general approach to enforcement. In particular, competition law is characterised by prohibitions that are deliberately wide in scope, the imposition of corporate fines that can be significantly greater than other areas of regulatory risk, and in the unique use of leniency as a primary tool for the detection of cartels and other anticompetitive agreements.

Item Type: Book Section
Faculty \ School: Faculty of Social Sciences > School of Law
UEA Research Groups: Faculty of Social Sciences > Research Groups > Competition, Markets and Regulation
Faculty of Social Sciences > Research Centres > Centre for Competition Policy
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Depositing User: LivePure Connector
Date Deposited: 21 Mar 2022 16:30
Last Modified: 20 Jun 2023 15:02
URI: https://ueaeprints.uea.ac.uk/id/eprint/84191
DOI:

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