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The Global Limits of Competition Law$
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D. Daniel Sokol and Ioannis Lianos

Print publication date: 2012

Print ISBN-13: 9780804774901

Published to Stanford Scholarship Online: June 2013

DOI: 10.11126/stanford/9780804774901.001.0001

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(p.1) Introduction
The Global Limits of Competition Law

Ioannis Lianos

D. Daniel Sokol

Stanford University Press

This introductory chapter briefly sets out the book's purpose, which is to present ideas on various “limits” to antitrust law in a more global context. The starting point was the intrinsic limits of competition law that Judge Frank Easterbrook highlighted in his seminal article The Limits of Antitrust. A proper discussion regarding the limits of antitrust should aim to examine an array of circumstances, not exclusively institutional, that might affect the scope of the competition law exercise. The book starts from the traditional limits imposed by the antitrust law process before addressing other, broader limits of competition law relating to competition economics, synergies with other areas of law, institutional design, and culture. The remainder of the chapter provides overview of the subsequent chapters.

Keywords:   antitrust law, competition law, Judge Frank Easterbrook, competition economics, institutional design, culture

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