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Global CompetitionLaw, Markets, and Globalization$
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David Gerber

Print publication date: 2010

Print ISBN-13: 9780199228225

Published to Oxford Scholarship Online: May 2010

DOI: 10.1093/acprof:oso/9780199228225.001.0001

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Global Competition and Law: Trajectories and Promises

Global Competition and Law: Trajectories and Promises

Chapter:
(p.327) 10 Global Competition and Law: Trajectories and Promises
Source:
Global Competition
Author(s):

David J. Gerber

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199228225.003.0010

This chapter ties together the preceding sections of the book. It takes a longer and broader view of the trajectories of national competition law experience and analyzes how they have been intertwined with transnational competition law developments. These interrelationships shape the dynamics of global competition law development and, in order to be effective, any competition law regime for global markets must be based on them. The chapter evaluates the promise of global competition law development and the obstacles to creating a more effective legal framework for global economic relations. It concludes that the early 21st century represents a major point of transition in economic and political relations, and thus a ‘constitutional moment’ in which competition law can contribute to meeting human needs and enriching economic and political opportunities around the world.

Keywords:   trajectories, promises, constitutional moment, global governance, dynamics, opportunities, human needs, transition, global markets, legal framework

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