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Competition law and policy in the European Union: some lessons for Southeast Asia

Philippine Review of Economics

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Field Value
 
Title Competition law and policy in the European Union: some lessons for Southeast Asia
 
Creator Briguglio, Lino; University of Malta
 
Subject competition law, ASEAN, European Union
 
Description This paper describes the main thrust of competition law and policy in the European Union (eu) from which it draws some lessons for the Association of Southeast Asian Nations (asean), mainly with regard to the development of a single market in the region. The paper argues that the success of competition law and policy in the eu to further strengthen the single market can be attributed mainly to the fact that member countries accepted to forgo part of their sovereignty to the union, and to allow a central entity (the European Commission) to enforce competition law, with investigative powers, backed by an eu-wide legislative framework transposed into national laws. The paper contends that the creation of an asean single market by 2015 is not likely to be attained due to weaknesses in the institutional framework relating to competition law and policy within the region, particularly because of weak enforcement across the region.JEL Classification: K21, F15
 
Publisher Philippine Review of Economics
 
Contributor
 
Date 2013-12-11
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/897
 
Source Philippine Review of Economics; Vol 50, No 2 (2013); 37-52
1655-1516
 
Language eng
 
Relation http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/897/797
 
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