Asian Capitalism and the Regulation of Competition explores the implications of Asian forms of capitalism and their regulation of competition for the emerging global competition law regime. Expert contributors from a variety of backgrounds explore the topic through the lenses of formal law, soft law and transnational regulation, and make extensive comparisons with Euro-American and global models. Case studies include Japan, China and Vietnam, and thematic studies include examinations of competition law's relationship with other regulatory terrains such as public law, market culture, regulatory geography and transnational production networks.

In a short span of years, the landscape of global competition has changed significantly. In particular, international cooperation in competition law enforcement has greatly strengthened the battle against abuse of dominance, cartels, anticompetitive mergers and related political corruption. This thoroughly researched book explains the current situation regarding joint investigations, identifies common problems and considers possible solutions and future developments. In addition to covering issues of competition policy, its authors look in detail at practice in both merger and conduct investigations in a variety of countries.

This book explores the implications of Asian forms of capitalism for the emerging global competition law regime.

"The modern concept of competition law as a proper activity of the State (or group of States, in the case of regional integration areas), and the philosophical orientations that underlie that concept, are largely 'western' inventions. Shortly after the enactment of the first modern antitrust law in the world in Canada in 1889, the United States promulgated the Sherman Act in 1890, and throughout the 20th Century this iconic Act had an enduring and growing international influence. In many dimensions, the dominant paradigms of the competition laws of the United States and the European Union have been assumed to be models fit for emulation in the competition laws of nations around the globe. While the United States and European Union models have important differences, they both embrace (notwithstanding vibrant academic debates) the conceptual foundations of classical and neoclassical economic principles. The extent to which these models resonate and are received as 'transplants' in other parts of the world, and in the present case East Asia, is an ongoing matter of inquiry and debate"--

An influential policy thinker and "muse of the Asian Century" ("Foreign Policy") illuminates the contours of our new global civilization, and shows why power must shift to reflect the new reality.

Examines regional competition policy developments in South East Asia, exploring a broad range of related issues from diverse perspectives.

Over the last three decades, the field of antitrust law has grown increasingly prominent, and more than one hundred countries have enacted competition law statutes. As competition law expands to jurisdictions with very different economic, social, cultural, and institutional backgrounds, the debates over its usefulness have similarly evolved. This book, the first in a new series on global competition law, critically assesses the importance of competition law, its development and modern practice, and the global limits that have emerged. This volume will be a key resource to both scholars and practitioners interested in antitrust, competition law, economics, business strategy, and administrative sciences.