Abstract

This article analyses the current regulatory framework governing transnational restrictive business practices. It identifies key gaps that provide room for anticompetitive practices to flourish, causing cross-border transfer of wealth, typically from less affluent states. The economic harm caused by cross-border anticompetitive conduct is significant; international cartels alone caused overcharges exceeding $1.5 trillion in the period 1990–2016. This article offers a series of pragmatic policy recommendations that could narrow existing regulatory gaps. The proposals require no international negotiations and can be implemented domestically. They call for enabling of more assertive and robust extraterritorial enforcement of domestic competition laws and facilitation of positive externalities in that context.

中文翻译：

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跨界竞争危害：监管差距和前进之路

摘要

本文分析了当前管理跨国限制性商业行为的监管框架。它确定了为反竞争行为蓬勃发展提供空间的关键差距，导致财富跨境转移，通常来自不太富裕的国家。跨境反竞争行为造成的经济损害重大；1990 年至 2016 年期间，仅国际卡特尔一项就造成了超过 1.5 万亿美元的多收费用。本文提供了一系列务实的政策建议，可以缩小现有的监管差距。这些建议不需要国际谈判，可以在国内实施。他们呼吁在这种情况下促进国内竞争法的域外执法更加果断和有力，并促进积极的外部性。