Cartels, Competition and Public Procurement
Subtitle: Law and Economic Approaches to Bid Rigging
Publisher: Edward Elgar Pub
Published: Jun 30, 2013
Format: hardcover
Number of pages: 352
ISBN-13: 9780857936745
Description: The author "explores the ways in which economic theory can be used to mitigate the adverse effects of bid rigging cartels. The study sheds light on one of the vital issues for achieving cost-effective public procurement - which is itself a critical question in the context of the global financial crisis. The book comprehensively examines whether different laws deal effectively with bid rigging and the ways in which economic theory can be used to mitigate the adverse effects of such cartels. The employed industrial economics and auction theory highlights shortcomings of the law in all three jurisdictions - the European Union, China and Japan - and seeks to raise the awareness of policy makers as to when extra precautionary measures against bid rigging conspiracies should be taken." -- Back cover.
Notes: Source title: Cartels, Competition and Public Procurement: Law and Economic Approaches to Bid Rigging (New Horizons in Competition Law and Economics series)