ABSTRACT
This chapter analyses perspectives on the development of transnational competition networks (TCNs). The analysis indicates that TCNs have grown in size and complexity in recent years. There are various reasons for this trend; but the end result is that TCNs have become a significant component of multi-stage governance, as well as a useful tool for expanding and strengthening international cooperation among national competition authorities (NCAs). This chapter offers an analysis of TCNs and the alternative forums available for transnational cooperation of NCAs; it also explains the reasons that underlie the success of TCNs and the prospects for further development. This is followed by a discussion of TCNs’ strengths and weaknesses. In considering the prospects for TCNs, the chapter suggests that they have become a ‘necessary evil’ for NCAs and are indispensable for international cooperation. Last but not least, the chapter offers insight on TCNs and the convergence and harmonisation of the law and administrative practice of NCAs.
