This book presents the proceedings of the First Lisbon Competition Law and Economics Conference under the auspices of the Portuguese Competition Authority. Among the many issues arising in the proceedings recorded in this book are the following:
- special powers of investigation;
- leniency programs and individual sanctions;
- the problem of "forum shopping" in the present merger regulation system;
- the impact of regulations and competition on economic growth;
- competition and regulatory costs;
- judicial review of the European Commission merger decisions;
- consumer welfare effects of mergers;
- who should apply competition law to utilities;
By giving ample evidence of the impact of competition and efficient regulation on economic growth, this far-reaching book will help elucidate the main current topics in need of further reform and underline the importance of competition policy in modern market economies.