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See original article in english Competition law in an era of deglobalization

Competition law in an era of deglobalization

Dans un monde plus fragmenté, la politique de la concurrence et l’application du droit de la concurrence auront tendance à changer. Des régimes juridiques, tels les sanctions économiques, les examens d’investissements étrangers et les tarifs douaniers, vont créer des obstacles au commerce transfrontalier. Par conséquent, ainsi qu’à cause d’autres raisons pour des entreprises de relocaliser, des marchés locaux deviendront probablement plus concentrés, ce qui renforcera aussi les liens entre des gouvernements locaux et des entreprises locales. Finalement, la coordination de la politique de concurrence dans des forums internationaux aura tendance à diminuer.

After a long period in which economies became increasingly integrated across the globe, we are currently experiencing a period of deglobalization. A pivotal year was probably 2016, when UK voters decided to exit the European internal market and US elections resulted in a victory for isolationist candidate Donald Trump. But the slowdown of globalization was already apparent before, for example in the United States in the form of increased skepticism about China’s place in the World Trade Organization (WTO) and increasingly strict foreign investment review under the CFIUS (Committee on Foreign Investment in the United States) regime. In Europe as well, Chinese investments peaked in 2017 to subsequently decline, a process that reflects stricter foreign investment regimes in EU Member

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  • Antwerp University

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Jan Blockx, Competition law in an era of deglobalization, November 2022, Concurrences N° 4-2022, Art. N° 108959, www.concurrences.com

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