Synopses & Reviews
Editors Drexl and Bagnoli present students, academics, researchers,and professionals working in a variety of contexts with a collection of academic papers and scholarly articles focused on contemporarychallenges to competition arising from state-initiated restraints. The editors have organized the thirteen contributions that make upthe main body of the text in four sections devoted to state-owned enterprises, pro-competitive regulation, anti-competitive marketintervention and regulation, and public procurement and state subsidies. Josef Drexl is Director at the Max Planck Institute forInnovation and Competition, Germany. Vicente Bagnoli is a faculty member of Mackenzie Presbyterian University, Brazil.Annotation ©2015 Ringgold, Inc., Portland, OR (protoview.com)
States influence competition in the market in various ways. They often act themselves as market participants through state-owned enterprises. They regulate markets and specific sectors of the economy such as public utilities in particular. In some instances, market regulation explicitly aims to promote competition in the market. In other instances, regulatory schemes and decisions may inadvertently distort competition or openly promote conflicting objectives and even anti-competitive goals. Furthermore, states can distort competition among firms when they act as purchasers of goods and services as well as when they grant subsidies to individual firms. This book assembles contributions by competition law scholars who present new insights on the diversity of problems and challenges arising from state-initiated restraints of competition in jurisdictions from all around the world, not only including the EU and the US, but also Latin American countries, China, India and Australia.