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The authors analyze regulatory reform and the emergence of competitionin network industries using the state-of-the-art theoretical tools ofindustrial organization, political economy, and the economics ofincentives.
In the European Union (EU), competition policy occupies a central place amongst other EU public policies and is the first truly supranational public policy regulating market competition. One of the stated objectives of EU competition policy is to prevent excessive concentration of economic power in the hands of a few.
Economical and political aspects of information technology in Europe and Japan are dealt with in this book. European and Japanese technology policies, the possibilities of cooperation on all economic and business levels as well as future perspectives on world information markets from the Japanese and European points of view form the priority areas of the book. Special attention is given to - the case study of a Swiss-Japanese business cooperation with many practical references, - an analysis of East European information markets and, - the relations between Europe and Japan from the viewpoint of the USA. The reader is given an insight into new developments in the information technology markets in Europe and Japan as well as into the economic and political framework within which the developments are taking place.
Economists disagree on whether recent U.S. trade policies are harmful or helpful, but they all agree that there is a new trend toward focusing on results-oriented policies in specific markets and with particular trading partners. These twelve essays by leading international economists explore crucial issues in U.S. trade policy today. Topics examined include the markets for automobile and automobile parts in the United States and Japan, the U.S. response to "unfair" trading practices such as dumping, and the effects of industry- and country-specific policies. Examples include high-technology and agricultural industries and off-shore assembly in U.S. border cities. The volume concludes that some policies can act to both protect imports and promote exports, that the threat of protectionist policies can often have effects that are as pronounced as their implementation, and that regulatory policy has as great an impact on trade and investment patterns as does trade policy itself. It will be of crucial interest to international trade economists, policy specialists, and political scientists.