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Lead Jurisdiction Concepts: Prospects and Limits for Rationalizing International Competition Policy Enforcement

Oliver Budzinski

Oliver Budzinski

Institute of Economics, Ilmenau University of Technology, Ilmenau, Germany

E-mail Address: oliver.budzinski@tu-ilmenau.de

Corresponding author.

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https://doi.org/10.1515/gej-2016-0025Cited by:17 (Source: Crossref)

Abstract

Lead jurisdiction models represent one option how to extend and enhance contemporary interagency cooperation among competition policy regimes. They constitute a multilateral, case-related form of cooperation that is suited to effectively create a one-stop-shop for the prosecution of international cartels, the handling of cross-border mergers and acquisitions and the governance of international antitrust cases. Thus, lead jurisdiction models offer considerable economic benefits. However, they also entail several caveats. Three possible working problems and downside effects of lead jurisdiction models in international competition policy enforcement are discussed in this paper.

A former version of this paper was presented to the OECD Hearing on “Enhanced Enforcement Cooperation” (June 17th, 2014, Paris, France)

Keywords:

JEL Classification: F02, F53, F55, K21, L40, D02

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