INTERNATIONAL COMPETITION LAW

Document Type : Research Paper

Author

Assistant Professor of Private Law, Hazrat-e-Masoumeh University

Abstract

Globalization of trade has aroused some controversial issues which should be considered in legal studies. This paper provides an overview of “international competition law”, as an intensive discussion which international trade encounters with. The spread of competition law around the world has been remarkable. But to initiate international competition law as a comprehensive system, is unworkable. It can be safe to say that the main reason is the variety of approaches about the competition law. The importance of competition law in international trade relations is undeniable, but it is an insufficiently studied field. The paper, after introducing characteristics, clusters the arenas and the sources of international competition law. Findings confirm the necessity of harmonization and the importance of international cooperation by soft law. Given the difficulties of international collaboration, this is a considerable achievement. The prevalence of soft law asserts that there is no doubt that states are no longer the only or most important actors in global law.

Keywords


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