The primary aim of competition laws (antitrust laws in US terminology) is to control competition and not to control MNEs. Nevertheless, where a MNE acts in a way that violates such laws it will be subjected to control in the same way as a local enterprise. The main jurisdictional implications of control by competition law have already been considered in chapter 4.1 This chapter concentrates on the substantive issues of competition regulation that arise in the context of MNE operations. As will be shown below, the operations of MNEs in an increasingly global...
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