How does a market globalize? How do antitrust and trade policies speed up or slow down the process? How do firms take part in it? The book offers a comprehensive appraisal of the phenomenon from a thorough study of the cement industry. Considered as a model of spatial competition in economic textbooks and inherently local, the industry globalized in the 1980s. Hence, the originality of the book to deal with an extreme case that highlights the fundamental characteristics of globalization.
How does a market globalize? How do antitrust and trade policies speed up or slow down the process? How do firms take part in it? The book offers a comprehensive appraisal of the phenomenon from a thorough study of the cement industry. Considered as a model of spatial competition in economic textbooks and inherently local, the industry globalized in the 1980s. Hence, the originality of the book to deal with an extreme case that highlights the fundamental characteristics of globalization.
HERVÉ DUMEZ is Researcher, Centre de Recherche en Gestion, École Polytechnique, Paris. He is co-author with Alain Jeunemaître of La Politique de Concurrence en Europe, and is editor of several books, including Financial Markets Regulation: A Practitioner's Perspective. ALAIN JEUNEMAITRE is Associate, Regulatory Policy Research Centre, Hertford College, Oxford and Researcher, Centre de Recherche en Gestion, École Polytechnique, Paris. He is co-author with Hervé Dumez of La Politique de Concurrence en Europe and is editor of several books, including Financial Markets Regulation: A Practitioner's Perspective.
Inhaltsangabe
List of Abbreviations Foreword by Suzanne Berger, M.I.T. Introduction The Cement Industry: A Model Case Part I: LOCAL COMPETITION Stabilizing Local Competition Local Market Stabilization and Rivalry Local Market Stabilization and Competition Policy Concluding Comments PART II: GLOBALIZATION OF LOCAL MARKETS The Internal Conditions of Globalization The Globalization Process Strategic Responses to Globalization Concluding Comments PART III: UNDERSTANDING AND REGULATING MARKETS AT A TIME OF GLOBALIZATION The European Case Conclusion Comment by F.M. Scherer, Harvard University Bibliography Index
List of Abbreviations Foreword by Suzanne Berger, M.I.T. Introduction The Cement Industry: A Model Case Part I: LOCAL COMPETITION Stabilizing Local Competition Local Market Stabilization and Rivalry Local Market Stabilization and Competition Policy Concluding Comments PART II: GLOBALIZATION OF LOCAL MARKETS The Internal Conditions of Globalization The Globalization Process Strategic Responses to Globalization Concluding Comments PART III: UNDERSTANDING AND REGULATING MARKETS AT A TIME OF GLOBALIZATION The European Case Conclusion Comment by F.M. Scherer, Harvard University Bibliography Index
Rezensionen
'...I admire this book greatly. It is written in a style that non-specialists (and even non-economists) will find most inviting, even though it deploys concepts that are sophisticated...' - William James Adams, Professor of Economics, The University of Michigan
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