ANALYSIS OF INTERNATIONALISATION OF COMPETITION LAWS AND POLICIES
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Abstract
Globalization has made the economy to undertake a different path whereby since the 19th Century the world has been centralised and become a single global market. As a result of such centralisation, there are different matters of global interest which have been internationalised to bring about a well-functioning system. Competition or Antitrust law is one amongst the laws which have been internationalised to bring about a well-functioning legal regime that governs competitors in their affairs as well as their relationships with their consumers regardless of where such competitors and consumers are situated. This article highlights the internationalization of Competition or Antitrust law by understanding the significance of the law and different paths that were taken in order to strengthen such internationalization of Competition law and lastly the challenges that exists in the internationalisation of competition laws as well as suggested possible recommendations to be done.
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