The Law and Politics of Global Competition
Influence and Legitimacy in the International Competition Network
Christopher Townley author Mattia Guidi author Mariana Tavares author
Format:Hardback
Publisher:Oxford University Press
Published:31st Jan '22
Currently unavailable, and unfortunately no date known when it will be back
In its own words, the mission of the International Competition Network (the ICN) is to advocate the adoption of "superior standards and procedures in competition policy around the world, formulate proposals for procedural and substantive convergence, and seek to facilitate effective international cooperation to the benefit of member agencies, consumers and economies worldwide." ICN members include nearly all competition authorities (NCAs) from around the world (over 100 of them). Since its inception, the ICN has also sought to enrich its discussions and outputs through the inclusion of non-governmental advisors (NGAs), principally large multi-nationals and the legal and economic professions. The ICN is a transnational network, set up by its members, largely without wider state input. This book hypothesises that the ICN's formally neutral structures provide powerful influence mechanisms for strong NCAs and NGAs, over the weak; and 'competition experts' over wider state interests, discussing the legitimacy of this from a political and legal theory perspective, analysing the ICN's effectiveness and efficiency, and suggesting ways that the ICN can improve all three. This study has important implications for the ICN itself, particularly as it launches its 'Third Decade Project', billed as a full self-evaluation. However, the story told here is also relevant to states and the wider regulatory community, due to the widespread use of transnational networks.
Clearly, this book is a must-read for legislators, regulators and researchers. It offers a remarkable critical perspective on an international forum that, until now, has received nothing but praise and has been promoted as a model to follow. Both in terms of the angles of approach and the method of analysis, one can only welcome the authors' approach and be convinced of the need to be more lucid about certain shortcomings of the International Competition Network (ICN). This is a translated excerpt. The full original review can be found here: https://www.concurrences.com/en/review/issues/no-2-2022/livr * Catherine Prieto, University of Paris I Panthéon-Sorbonne, Concurrences: Antitrust Publications and Events *
Townley, Guidi and Tavares provide a thought-provoking description, analysis and critique of a significant contemporaneous development in international competition law regulation and enforcement in a globalised economic market context. This book offers a comprehensive historical account and devastating analysis of the key failings of the ICN, in terms of its effectiveness, efficiency and legitimacy. The work is theoretically rich, densely footnoted and references a vast array of academic literature across law and the social sciences, whilst also grounded in empirical work based on a survey of participants. This book is an essential read for academics, policy-makers, and practitioners interested in the workings of epistemological communities, international policy-making and globalisation of international norms and practice. * Professor Barry Rodger, University of Strathclyde Law School and Director of the Strathclyde Centre for Antitrust and Empirical Study *
Theoretically innovative and empirically rich, this is an indispensable read for all who are interested in the International Competition Network and international co-ordination of markets. In exploring international regulation, the authors skilfully untangle the legal, socio-economic and political factors that impact the transparency, legitimacy, effectiveness and efficiency of the ICN as it attempts to regulate global competition. This book is very timely in making sense of the above, as governments and national competition authorities grapple with governing global supply chains, and actively reassess the function and role of the International Competition Network. As such, this book provides an important conceptual framework for thinking about these new networks, whilst also providing potential recommendations for policymakers and legal and political scholars of international competition. * David Coen, Professor of Public Policy & Director of the Global Governance Institute, UCL *
This book is a monumental and provocative reexamination of the workings of the International Competition Network from a political economy and power/interest perspective. It digs deeply into the questions: who are its influencers, what are its influences, and what is its legitimacy and effectiveness? Its probing questions, descriptions, insights and suggestions should be a great resource for the ICN's Third Decade bottom-to-top review of the ICN. * Eleanor M. Fox, Walter J. Derenberg Professor of Trade Regulation, NYU *
Law and Politics of Global Competition: Influence and Legitimacy in the International Competition Network provides a comprehensive and forthright assessment of the network's processes, goals and accomplishments during its 20 years of existence and outlines essential agenda items for its Third Decade Project. Its novel focus on legitimacy, effectiveness, efficiency, and transparency of the ICN sheds light on key issues that merit careful consideration. This very well written and thought-provoking book is a fundamental tool for what the authors describe as "the battle for the ICN's soul" and a must-read for NCAs, NGAs, states and all partners of the network. * Mariana Tavares de Araujo, Partner, Levy & Salomão LLP (Rio de Janeiro, Brazil). Former Head of the Brazilian agency in charge of Antitrust enforcement and consumer protection policy *
Law and Politics of Global Competition provides a compelling analysis of how the International Competition Network (ICN) operates in the real world. The ICN is an important force in the formulation and implementation of international competition law and policy. This book provides a powerful analysis of how the ICN achieves its aims of achieving substantive and procedural convergence and when it falls short. The authors effectively use law, political theory, survey data, and common sense to highlight who are the rule makers and who are the rule takers in an organization that holds itself out as consensus based and without binding effects for its work product. * Spencer Weber Waller, John Paul Stevens Chair in Competition Law, Loyola University Chicago School of Law *
In this book, Townley, Guidi, and Tavares shed light on an important yet often-overlooked aspect of global competition law: the political dynamics behind the actions taken by the International Competition Network. Their thought-provoking analysis clears the way for a fresh discussion of the actual role that the ICN plays in the global competition law arena, and the way to strengthen its legitimacy, efficiency, and effectiveness. It is a must-read for anyone interested in global competition law. It may also serve as a case study for anyone interested in the politics of voluntary international cooperation in informal trans-national networks. * Prof. Michal S. Gal, Faculty of Law, University of Haifa, and President of ASCOLA, the international association of competition law scholars *
As it enters its third decade, the International Competition Network is still a black box for those on the outside. Townley, Guidi and Tavares open this box and present us with an insightful analysis of what goes on inside this transnational network of competition agencies. Through an interdisciplinary perspective and incorporating an original survey of the ICN members, the authors demonstrate that despite the soft law nature of its recommendations and consensus requirements, a group of advanced industrial economies have been able to exercise a powerful influence in the organization, promoting competition rules that benefit their jurisdictions, and their multinational corporations and law firms. A must-read for anyone interested in the international dimensions of competition policy, and questions of power and legitimacy within transnational regulatory networks. * Umut Aydin, Associate Professor, Institute of Political Science, Pontificia Universidad Católica de Chile *
ISBN: 9780198859789
Dimensions: 241mm x 160mm x 25mm
Weight: 706g
400 pages