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Competition Policy in East Asia clarifies the key issues and provides a framework for understanding competition policy, looking in-depth at a number of regulated sectors for additional perspectives. Until two or three decades ago, competition and consumer protection policies were the preserve of the major developed economies like the United States, the United Kingdom and some European countries.
Now competition issues are at the top of the international agenda as globalization spreads and as the operations of the World Trade Organization, the World Bank, the Asia Pacific Economic Cooperation forum and other organizations have brought about a realization that regulatory reform - and in many economies the creation for the first time of regulatory instruments for competition and consumer protection - is an imperative.