For students, researchers, practitioners, and policy makers, Weishaar (law and economics, U. of Gronigen, the Netherlands) examines whether competition and public procurement laws in Europe,
China, and Japan deal effectively with bid rigging conspiracies by cartels and how economic theory can be used to prevent these conspiracies. Taking a law and economics perspective on the
matter, he discusses the law and economic theory of optimal enforcement, industrial economics and its application in Japan, auction theory as applied to the European Union and China, and the
legal frameworks that address bid rigging conspiracies in each jurisdiction, using the example of the construction industry in Japan for illustration. Annotation ©2013 Book News, Inc.,
Portland, OR (booknews.com)
