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Competition policy and law is emerging as a significant field of policy and practice in the Asia-Pacific region. Taught by one of the leading scholars in Asian competition law, this subject seeks to examine the political economy surrounding competition policy in a number of key East Asian jurisdictions. The selected aspects extant competition laws, guidelines and important decisions made by competition agencies and the courts will be analysed to identify whether and to what extent these regimes conform to prevailing global competition norms. Jurisdictions to be studied include South Korea, Japan, China and Hong Kong, Malaysia, Singapore, and Indonesia.
Principal topics include:
- Identification of the variety and complexity of factors that make up the political economy environment in Asian jurisdictions and the differences between them in each jurisdiction
- Competition policy objectives
- The form and nature of the competition law and in each jurisdiction
- The principal features of the competition statutes and guidelines
- Role and function of the enforcement agency and the courts
- Assessment of effectiveness of enforcement, including analysis of decided cases
- Assessment of compliance with international norms.
Intended learning outcomes
A student who has successfully completed this subject will:
- Have a sophisticated appreciation of the political economy factors surrounding competition policy formation and execution in the major Asian economies
- Have an advanced understanding of the key features of the prevailing legal regimes in the jurisdictions studied
- Be able to critically analyse and engage in informed debate about the extent to which the extant systems conform to internationally accepted norms
- Be able to assess in a sophisticated and applied way complexities and risks associated with compliance with regulatory systems from the perspective of a multinational corporation.
Last updated: 18 December 2020