Corporate governance and competition policy
Date
2011
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Abstract
This article discusses a more unified approach to two key areas of business law (corporate governance; and antitrust laws). Corporate governance law addresses the misaligned incentives between officers and directors of publicly-owned companies and their shareholders. Antitrust law governs interactions between corporations in the marketplace, and prohibits and penalizes anticompetitive agreements. This article explores the puzzling lack of meaningful interaction between these two fields of law, providing an overview of corporate compliance and the unfortunately limited role that corporate governance law plays in ensuring lawful behavior.
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COMPETITION POLICY, MARKET ECONOMY, INNOVATION, CORPORATE GOVERNANCE, ANTITRUST LAW, INTERNATIONAL TRADE, ENFORCEMENT, LEGAL FRAMEWORK, BUSINESS ENVIRONMENT REFORM, MONOPOLIES, COMPETITION LAW