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Item Details
Title: CARTELS, COMPETITION AND PUBLIC PROCUREMENT
LAW AND ECONOMICS APPROACHES TO BID RIGGING
By: Stefan E. Weishaar
Format: Hardback

List price: £120.00


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 0857936743
ISBN 13: 9780857936745
Publisher: EDWARD ELGAR PUBLISHING LTD
Pub. date: 30 April, 2013
Series: New Horizons in Competition Law and Economics Series
Pages: 352
Description: Cartels, Competition and Public Procurement uses a law and economics approach to analyse whether competition and public procurement laws in Europe, and Asia deal effectively with bid rigging conspiracies.
Synopsis: Cartels, Competition and Public Procurement uses a law and economics approach to analyse whether competition and public procurement laws in Europe and Asia deal effectively with bid rigging conspiracies.Stefan Weishaar explores the ways in which economic theory can be used to mitigate the adverse effects of bid rigging cartels. The study sheds light on one of the vital issues for achieving cost-effective public procurement - which is itself a critical question in the context of the global financial crisis. The book comprehensively examines whether different laws deal effectively with bid rigging and the ways in which economic theory can be used to mitigate the adverse effects of such cartels. The employed industrial economics and auction theory highlights shortcomings of the law in all three jurisdictions - the European Union, China and Japan - and seeks to raise the awareness of policymakers as to when extra precautionary measures against bid rigging conspiracies should be taken.Students and researchers who have a keen interest in the relationship between law and economics, competition law and public procurement law will find this topical book invaluable. Practitioners can see how economic theory can be used to identify situations that lend themselves to bid rigging and policymakers will be informed about the shortcomings of existing legislation from a legal and economics perspective and will be inspired by approaches taken in different jurisdictions.
Publication: UK
Imprint: Edward Elgar Publishing Ltd
Returns: Returnable
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