Harmonization of Competition Laws in a Global Economy: A Japanese Perspective

Abstract

I. Introduction
II. Request from Business for Substantive Harmonization of Competition Laws
1. Basis of Business Request to Substantively Harmonize Competition Laws
2. Evolving Nature of Competition Laws
III. Role of the WTO in Global Competition Law and Policy
1. Expanding WTO’s Mandate beyond Market Access toward Market Efficiency
2. Need to Deny Trade-Specific Competition Rules
3. Division of Roles between the WTO, the ICN, and the OECD
IV. Procedural Harmonization: Positive Comity and Beyond
1. Positive Comity and International Co-operation
2. Need to Establish Priority Rule for Jurisdiction on Mergers
V. Conclusion