Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

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Wednesday, January 2, 2013

Competition Agency Design: What's on the Menu?

Posted by D. Daniel Sokol

William E. Kovacic, George Washington University - Law School and David A. Hyman, University of Illinois College of Law ask Competition Agency Design: What's on the Menu?

ABSTRACT: In recent years the United Kingdom and various other countries have decided to restructure the institutions responsible for enforcing competition laws. How should a nation choose among myriad alternative arrangements? This paper lays out nine major institutional choices that governments must address in designing the implementation mechanism for a competition law. The paper discusses tradeoffs associated with each choice and examines interdependencies among different design elements. In doing so, the paper offers a structured framework that countries can use in forming new competition systems or altering existing institutional arrangements.

http://lawprofessors.typepad.com/antitrustprof_blog/2013/01/competition-agency-design-whats-on-the-menu.html

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