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2019 | OriginalPaper | Chapter

12. Competition Law and Policy in the Regional Context: European Union Experiences for the Pacific Alliance

Authors : Ulf Thoene, Loly Aylú Gaitán-Guerrero

Published in: The Pacific Alliance in a World of Preferential Trade Agreements

Publisher: Springer International Publishing

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Abstract

This chapter aims to identify the possible challenges that the Pacific Alliance (PA) will have to face with respect to competition policies. The competition policy model of the European Union (EU), in which a single market is consolidated within a regional trade agreement, is analysed from the perspective of regional integration theory. Among the conclusions of this chapter, it is noteworthy that the PA is not only a trade integration effort, but also addresses social and political objectives. However, the Alliance is in the initial stages of developing its institutional structure and greater progress is expected that will allow it to cope with diverse regional integration issues, including in regard to competition policy. The member countries will need to adjust their socio-political and legal rules and provisions, taking account of the developmental stages of their economies.

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Metadata
Title
Competition Law and Policy in the Regional Context: European Union Experiences for the Pacific Alliance
Authors
Ulf Thoene
Loly Aylú Gaitán-Guerrero
Copyright Year
2019
DOI
https://doi.org/10.1007/978-3-319-78464-9_12