Developing Countries' Experience with Extraterritoriality in Competition Law: Report Launch

Developing Countries' Experience with Extraterritoriality in Competition Law: Report Launch
Source: https://1prime.ru/News/20200928/832084384.html 22.11.2021 32

On the 9th of December from 15:00 to 16:30 CET (17:00 to 19:30 Moscow time) the United Nations Conference on Trade and Development will be hosting an online launch of the Report on Developing Countries' Experience with Extraterritoriality in Competition Law Enforcement. Presentation of the Report will be followed by input from Brazil (Jade Lime of CADE - Conselho Administrativo de Defesa Econômica) and Turkey (Nesrin Ata of Rekabet Kurumu) and a Panel of Experts (Alexey Ivanov, Imelda Maher, Qianlan Wu and Spencer Waller).

The Report makes a significant original contribution to the existing body of knowledge by filling an important gap in our understanding of developing countries’ experience with the extraterritorial application of competition law. Conceptually this project sits at the intersection of international and competition law. Extraterritorial application of law (extraterritoriality) is the competence of a State to apply its laws to foreign entities in relation to their, often purely foreign, conduct. It is a reasonably new phenomenon slowly embraced by the leading jurisdictions in the last few decades. Some States have done so by interpreting existing provisions (eg, the US and the EU), whilst other jurisdictions have introduced explicit statutory provisions to that effect. Currently, extraterritoriality in competition law enforcement is widely recognised. It emerged as, de facto, the only tool available to all States, carrying the potential of dealing with inbound competitive harm. 

The Report will fill the existing gap by collecting and analysing data on developing countries experience with extraterritoriality in competition law. The collaboration through the UNCTAD Research Partnership Platform offered a unique opportunity to collect such data by means of a questionnaire. 

You can register here to attend the event. 

UNCTAD 

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