Model competition laws: the World Bank-OECD and UNCTAD approaches compared.

Abstract

This paper attempts to address the gap in the comparative competition law literature by comparing the two major model competition laws published by the OECD-World Bank and UNCTAD. Aside from discussing the similarities and differences between these two model laws we also draw implications for policy makers involved in the drafting of competition laws. The outline for the rest of the paper is as follows. A comparison between the model competition laws of World Bank - OECD and UNCTAD is undertaken in Sections 2 to 8. We focus our discussions on the objectives of competition law, its scope and definitions, restrictive agreements, abuse of dominance and merger controls. Section 9 concludes. The relevant excerpts of the model laws are provided in the appendices.

Citation

Manchester, UK, CRC Working Paper, No. 96, 31 pp.

Model competition laws: the World Bank-OECD and UNCTAD approaches compared.

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