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

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. Thes...

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Detalles Bibliográficos
Otros Autores: van Doormaal, Jos (auth)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Baden-Baden 2021
Colección:Wirtschaftsrecht und Wirtschaftspolitik Bd. 306
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009654896506719
Descripción
Sumario: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 Law.
Descripción Física:1 electronic resource (518 p.)
ISBN:9783748926245