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The modern industrial states desperately need more competition in order to generate growth and employment. Although the European Union pushed the member states to open several sectors to competition, there is much left to be done. At the same time powerful interest groups try to avoid or to reduce competition on European labour markets, in the health systems, in the transport and energy sector, in public services, and in many other areas. This book shows that there is much to be gained from intensifying competition and that especially consumers would benefit. One task is to lay a sound basis for the application of competition. The other task is to implement and guarantee competition. The authors try to contribute to both

Competition Policy in East Asia clarifies the key issues and provides a framework for understanding competition policy, looking in-depth at a number of regulated sectors for additional perspectives. Until two or three decades ago, competition and consumer protection policies were the preserve of the major developed economies like the United States, the United Kingdom and some European countries. Now competition issues are at the top of the international agenda as globalization spreads and as the operations of the World Trade Organization, the World Bank, the Asia Pacific Econom.