CONFLICTING COMPETITION POLICIES IN A GLOBALIZED BUSINESS ENVIRONMENT: PROSPECTS FOR COOPERATION AND CONVERGENCE Available to Purchase

Countries have differences in competition policies, which are cause for friction in international trade and investment. This paper discusses those issues and develops a model to try to explain the willingness of countries to participate in a cooperative competition policy. The model suggests that countries which are economically advanced, active in trade, and already involved in trade regimes are most likely to cooperate in competition policy.