An Economic Analysis of Extraterritoriality

Rodney Falvey and P.J. Lloyd

No 675, Department of Economics - Working Papers Series from The University of Melbourne

Abstract: Extraterritorial application of national laws are regarded as an infringement of national sovereignty and against the interests of the nations affected by these actions, who frequently oppose their enforcement as a consequence. This paper examines extraterritorial application of national competition laws, and identifies an additional issue. Extraterritorial action by national competition authorities acting alone and in pursuit of their national interests may not eliminate distortions in global markets.

Keywords: LAW; NATION; INTERNATIONAL ECONOMY (search for similar items in EconPapers)
JEL-codes: F42 H11 N40 (search for similar items in EconPapers)
Pages: 22 pages
Date: 1999
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Citations: View citations in EconPapers (3)

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