Although regulatory globalisation is, arguably, the most visible expression of legal globalisation, it remains beset by apparent paradoxes. This holds particularly true in the ‘Global South’, where agencies have evolved in ways that defy conventional expectations. Agencies in these regions often pursue unexpected roles and despite predictions that regulatory globalisation would falter, this has not been the case. Professor Chalmer’s study examines competition law regimes in six ‘Global South’ countries, of which he will introduce the case study on Peru in more detail. The examples show that pre-existing economic policies heavily influenced how new competition regulations were framed and legitimised, as the political and economic stakes of these regimes required them to either promote market reform or reinforce existing structures, resulting in significant variation across countries. Rather than relying on hegemonic models (e.g., EU, US, Japan), these regulatory settlements were built on broader justificatory frameworks, such as ‘market justice’ in the Peruvian example. These subsequently shaped the laws, institutional structures, and public perception of competition law, and, altogether, offer a more diverse understanding of regulation in the Global South.
All interested fellows, PhD researchers, professors and visiting academics are invited to participate in the event.