Description
Book SynopsisCartels, Competition and Public Procurement uses a law and economics approach to analyse whether competition and public procurement laws in Europe and Asia deal effectively with bid rigging conspiracies.
Trade ReviewThis volume is long overdue. Integrated legal and economic analysis of competition law is crucial given the nature of the sector. However to carry this off successfully, one either needs intensive editorial work to bring different teams together; or one has to rely on the few who master both economic and legal analysis to a tee. Stefan Weishaar's analysis not only looks at a stubborn issue in competition law. He does so in three jurisdictions, in detailed yet clear fashion, with clear insight and ditto conclusions. Over and above its relevance to academic analysis, this book can go straight into competition authorities' decision making, and therefore also in compliance and remediation advice. --Geert Van Calster, University of Leuven, Belgium
This new book by Stefan E. Weishaar offers a broad perspective and a clear and easy-to-follow law and economics approach to bid rigging . . . Weishaar's Cartels, Competition and Public Procurement: Law and Economics Approaches to Bid Rigging would be highly desirable. Definitely a book worth reading. --Dr Albert Sanchex Graells, European Competition Law Review
Table of ContentsContents: 1. Introduction Part I: Economic Theory 2. Economic Theory on Optimal Deterrence and Enforcement 3. Industrial Economics 4. Auction Theory and Collusion Part II: Legal Analysis 5. The Effectiveness of the Legal Regime Applicable to Bid Rigging in the European Union 6. Application of Auction Theory in Europe 7. The Effectiveness of the Legal Regime Applicable to Bid Rigging in China 8. Application of Auction Theory in China 9. The Effectiveness of the Legal Regime Applicable to Bid Rigging in Japan 10. The Japanese Construction Sector 11. Limits of Economic Theories and Concluding Remarks Appendix 1. Europe – An Overview of Public Procurement Law Appendix 2. China – An Overview of Public Procurement Law Appendix 3. History of Japanese Antitrust Legislation References Index
