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Extract:
Summary And Policy Proposals
Competition law has witnessed an enormous growth these last two decades and today a large number of countries have adopted competition law regimes. Such competition laws have often resulted from regulatory transplants. Through the accession process, as well as the Association Agreements with third countries, the European Commission has managed to extend the sphere of application of EC competition rules to a large number of nations. Some argue that today EC competition law is the dominant model of competition law in the world.
The adoption of competition law regimes can be beneficial to developing and emerging economies. However, such economies generally present characteristics that differentiate...
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