This book is important from the public policy and foreign investment points of view and should be read by all who need to understand the competitive policies in the ASEAN Countries. As the author has rightly pointed out, the narrow capitalistic model to maximize profits even at the expense of income distribution, has been modified in ASEAN countries, to take into account the need for equity and distributive justice. The socio economic strategy has been essential, to promote n political stability, without which there cannot be economic growth and development. The book argues impressively that competition policy cannot be unfettered, but has to be efficiently and compassionately managed, to ensure balanced business and steady socioeconomic development.

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