An analysis of competition laws in the United States, Japan, Singapore, the Philippines and Australia.
Written in 2007; 3,283 words; 2 sources; MLA; $ 94.95
Paper Summary:
This paper analyzes the competition policies of Asia-Pacific Economic Cooperation (APEC) member countries. The paper defines the competition policies and discusses their intentions and then looks at the specific US laws, which include both general competition laws and sector-specific laws and regulations. The paper then goes on to discuss the laws in Japan, Singapore, the Philippines and Australia.
Table of Contents:
United States
Japan
Singapore
Philippines
Australia
Conclusion
From the Paper:
"In general, competitive markets provide strong incentives for achieving economic efficiency. Market forces ensure that goods consumers want are produced in the quantities they want, using the most efficient production methods and are marketed and distributed to consumers who wish to purchase them in the most efficient means possible. In addition, competitive market forces provide incentives for efficient levels of investment in discovering new production technologies, new production processes and new products. Also, competition law/policy would ensure that consumers will enjoy greater benefits in terms of wider choices and better quality goods and services at competitive prices. In creating these competition policies, some format or elements are present in these. These act as the policies blue print which allows for more uniform policies among countries. Also, these elements are considered to be the main formula for making an effective list of policies of a country. An effective competition policy must have the following elements: policy towards monopoly; policy towards mergers; policy towards restrictive and anti-competitive practices; policy towards state entry barriers; and policy towards consumer protection."
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