Call Boomerang Books 1300 36 33 32

Description - Competition Policy for Small Market Economies by Michal S. Gal

For the most part, competition policy literature has focused on large economies. Yet the economic paradigms on which such policies are based do not necessarily apply to small market economies. This book demonstrates that optimal competition policy is very much dependent on the size of an economy. Whether and how firms compete is a matter of the natural conditions of the markets in which firms operate. A critical feature of small economies is the concentrated nature of many of their markets, which are often protected by high entry barriers. Competition policy must be designed to deal effectively with these unique obstacles to competition. Accordingly, applying the same competition policy to all economies alike may be contrary to the policy's goals. Michal Gal's thorough analysis shows the effects of market size on competition policy, ranging from rules of thumb to more general policy prescriptions, such as goals and remedial tools. Competition policy in small economies is becoming increasingly important, since the number of small jurisdictions adopting such policy is rapidly growing. Gal's focus extends beyond domestic competition policy to the evaluation of the trend toward the worldwide harmonization of policies. This book should provide guidance to academics, policy makers and practitioners of competition policy, as well as anyone interested in the globalization of competition laws.

Buy Competition Policy for Small Market Economies by Michal S. Gal from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780674010499
ISBN-10: 0674010493
Format: Hardback
(235mm x 155mm x mm)
Pages: 338
Imprint: Harvard University Press
Publisher: Harvard University Press
Publish Date: 14-Mar-2003
Country of Publication: United States

Book Reviews - Competition Policy for Small Market Economies by Michal S. Gal

» Have you read this book? We'd like to know what you think about it - write a review about Competition Policy for Small Market Economies book by Michal S. Gal and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)

Write Review

Author Biography - Michal S. Gal

Michal S. Gal is Assistant Professor of Law and Director of the Law and MBA Program, Haifa University, Israel, and Academic Fellow, New York University Center for Law and Business.