Launch of the UNCTAD Report on Extraterritoriality in Competition Law Enforcement

Description

Extraterritorial application of competition laws has become critical for countries to deal with increasingly prevalent transnational restrictive business practices. Private international cartels alone are expected to have extracted over $1.5 trillion globally.

This event launched the Report from the study, entitled “Developing Country Experience with Extraterritoriality in Competition Law”, conducted by Dr. Marek Martyniszyn in the framework of the UNCTAD Research Partnership Platform. This study looks into developing countries’ experience with the extraterritorial application of competition law and makes a significant original contribution to the existing body of knowledge by filling an important gap. It relies on contributions from 40 developing countries and economies in transition. The presentation of the study findings will be followed by sharing of country experiences from competition authorities and a panel discussion.

This event highlighted attention on challenges and opportunities faced by developing countries and aimed to facilitate peer-learning between developing countries that started applying their domestic competition laws internationally.

Period	09 Dec 2021
Held at	United Nations Conference on Trade and Development, Switzerland
Degree of Recognition	International