Assessing Theories of Global Governance: A Case Study of International Antitrust Regulation

Posted by Social Science Research Network

Assessing Theories of Global Governance: A Case Study of International Antitrust Regulation

Anu Bradford (Columbia University)

Abstract:       An effective, legitimate model of global governance must strike a delicate balance between national sovereignty and international cooperation. As such, governance on an international level is a constantly evolving discourse among multiple actors whose respective roles and influence vary across time and policy realms. The participation of multiple actors in global governance is widely recognized, but there is considerable disagreement as to the appropriate distribution of power among these participants and the optimal pattern for their interaction. We may never be able to construct an ideal global governance model. But the attempt to create such a model by examining the current needs of individual nations and the international community in key areas, such as global antitrust regulation, plays a critical role in promoting sound public policy.