Catalog

	Table of Contents
p. 43 of 62 BACK | NEXT Purpose and Structure of the Toolkit Overview of Practices Controlled by Competition Law Countries with Competition Law Systems Benefits of Competition Policy Practices Controlled by Competition Law Key Concepts and Tools Competition, Privatization, and Regulation Emerging Economies Does Everyone Benefit From Competitive Markets? All Economies Suffer from Anti-Competitive Practices Competition Policy, Competitiveness and Productivity Competition Advocacy: Effective Tool Against Special Pleading Need for Merger Control Importance of Granting Resources to Competition Authorities Consumers' Empowerment Education Regional Solutions UN Conference, November 2005 Enforcement Mechanisms ADB Resources and Projects Other Resources Glossary and List of Abbreviations

Competition Law Toolkit : Emerging Economies

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I. Regional Solutions

The beginning of this section raised the question of whether it is appropriate for small and emerging economies to adopt a system of competition law. An alternative to the adoption of individual laws by sovereign states is for a number of countries to collectivelyadopt a regional law. EU law is a paramount example of this, and this might be a solution in other parts of the world. Common Market for Eastern and Southern Africa [ PDF ], for example, has been active in this respect. A benefit of regional action is that states, by acting together, may be able to adopt a coordinated response to local concerns; to promote economic integration in the region; and to expand export markets.

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