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This book is an attempt to take stock of and analyze the multifaceted role of the state and its impact on competition law and policy. The chapters address various aspects of the tensions and complexities involved in competition and the role of the state. Although the book offers different normative approaches, economic analysis remains a unifying theme to the book. How economic analysis may be used in competition law and policy creates potential problems with other parts of regulation.

This book addresses two related strands of literature - antitrust/competition law and economics and law and development. Whereas most competition law and economics has focused on developments in the United States and Europe, increasingly competition law, economics, and policy have taken a more important role in developing countries. This book focuses on the key variables involved in an increasingly global competition policy system.

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.