Nonlegal Sanctioning in Private Legal Systems : Nonlegal Sanctioning in Private Legal Systems

By:

Doormaal, Jos van [VerfasserIn]

Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: Wirtschaftsrecht und Wirtschaftspolitik ; Bd. 306Publisher: Baden-Baden, 20210428Description: 1 Online-Ressource (518 p.)ISBN:

9783748926245

Subject(s):

Additional physical formats: 9783848781645 | Erscheint auch als: Nonlegal Sanctioning in Private Legal Systems. Druck-Ausgabe Baden-Baden : Nomos Verlagsgesellschaft,c2021DDC classification:

LOC classification:

Internet Access

Online resources:

Volltext frei verfügbar

Summary: Some modern-day trade associations in commodities industries have complex systems of private commercial enforcement. These associations impose nonlegal sanctions on disloyal industry actors for not complying with awards stemming from specialized commercial arbitration after a business conflict. These extrajudicial measures undermine states’ rights to enact formal legal rules, and could violate US Antitrust Law and EU Competition Law. Yet, they could be viewed as a viable alternative to lengthy and expensive court litigation. This book provides best practice guidelines to highlight under what conditions nonlegal sanctions imposed by a trade association and executed by its members do not violate US Antitrust Law and EU Competition LawPPN: PPN: 1778417264Package identifier: Produktsigel: ZDB-94-OAB

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English