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An Economic Analysis of Extraterritoriality

Author

Listed:
  • Falvey, R.
  • Lloyd, P.J.

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.

Suggested Citation

  • Falvey, R. & Lloyd, P.J., 1999. "An Economic Analysis of Extraterritoriality," Department of Economics - Working Papers Series 675, The University of Melbourne.
    • Handle: RePEc:mlb:wpaper:675
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    Citations

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    Cited by:

    1. Eckhard Janeba, 2024. "Extraterritorial trade sanctions: Theory and application to the US–Iran–EU conflict," Review of International Economics, Wiley Blackwell, vol. 32(1), pages 49-71, February.
    2. Makoto Yano & Fumio Dei, 2003. "Trade, Vertical Production Chain, and Competition Policy," Review of International Economics, Wiley Blackwell, vol. 11(2), pages 237-252, May.
    3. Bertrand, Olivier & Ivaldi, Marc, 2006. "European Competition Policy in International Markets," IDEI Working Papers 419, Institut d'Économie Industrielle (IDEI), Toulouse.

    More about this item

    Keywords

    LAW ; NATION ; INTERNATIONAL ECONOMY;
    All these keywords.

    JEL classification:

    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • N40 - Economic History - - Government, War, Law, International Relations, and Regulation - - - General, International, or Comparative
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission

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