This is a rich, well-structured and engaging monograph by an author who passionately yet systematically addresses the interrelationship between populism and competition law in the broader political and economic context. With this book, the author provides an informed take on the ‘back-sliding’ experience in two European ‘illiberal democracies’. The discussion of the most pertinent challenges as well as the proposed solutions are most illuminating not only for readers interested in East Europe but beyond. This book is a perfect companion in the universal quest for discovering the important role of competition law in the development of democratic societies founded on the rule of law and the challenges that may encounter along the way. Beyond informing the reader of the alarming back-and-forth quality of the competition system evolution, the author sets readers on the straight path of searching for solutions that ensure stability and resilience.
Fox and Bakhoum contextualize competition law by describing (in chapters 2 and 3) the structure and other key characteristic of markets in numerous African countries, including the economic and political history of those countries and their markets, as well as the legacies of colonization and decolonization – and by highlighting more broadly the economic challenges and needs of the people of Africa.
The necessity to change the measurement strategy of the AGOA and ACP-EU trade agreements presents a challenge not only to African countries but also to the US and the European Union to establish a common understanding on the need to widen the scope of the measure. All the partners involved require a comprehensive measurement strategy to quantify the real impact of AGOA and ACP-EU on people’s lives.