By Maher M. Dabbah
Written by means of a number one authority at the subject, pageant legislation and coverage within the heart East examines and severely analyses the improvement and position of pageant legislations and coverage in a single of the main attention-grabbing areas of the area. this is often the 1st booklet of its sort - so far this subject has no longer acquired adequate awareness, nor has it been appropriately explored. the significance of the center East in the international political and monetary arenas provides this e-book large foreign value and curiosity. The e-book will turn out important to a number of audiences worldwide: to the contest legislation experts, to the scholars of the topic, to policy-makers and politicians within the center East and to these whose paintings bargains with legislation and economics and who desire to comprehend extra approximately festival legislation and coverage during this specific a part of the realm.
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Extra info for Competition Law and Policy in the Middle East
Through this role the competition authority will have the opportunity to ensure that competition concerns arising from new policies are clearly highlighted; where relevant, the competition authority may also be in a position to propose suitable alterations or alternatives to such policies. The competition advocacy role described here essentially provides a ‘safety valve’ in the mechanism for policy design and formulation. ’ (2007) World Competition 341. In relation to the business community, competition advocacy could take a variety of forms: publishing enforcement decisions or at least publicising summaries of decisions reached in individual cases in the media and press releases; adopting guidelines on specific areas of competition law and policy which are often appreciated by firms who wish to observe the INTRODUCTION 11 in terms of building a competition culture and enhancing awareness of competition law.
In assessing this relationship, the chapter addresses several issues, which are an integral part of its subject matter. Among these are the role which competition law and policy play in a given system or economy and whether competition law and policy have any expression in Islam either as a past expression through the long history of the religion or as a present one. 1 The relationship: a myth or reality? If one were to conduct a search – using a search engine such as Google – of the word ‘Islam’, over ninety four million results will be generated.
This would necessitate the existence of an independent competition authority with the necessary capabilities and powers to conduct investigations and reach binding conclusions. It would also require a system of checks and balances with an effective judicial branch and the formulation of public policies that do not hinder competition. In relation to the latter, a pro-competitive institutional structure and the function of competition advocacy can play a major role. These two issues will be introduced here with a brief overview; an evaluation of their existence in the region and their application in practice will be conducted in later chapters in relation to different MECs.