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Buying Competition : Developing Competition Regimes Through a WTO-Compliant Generalised System of Preferences
Wardhaugh, Bruce - 2016
There is a well-recognised link among trade, trade liberalisation, an effective competition regime and development. A common view to the promotion of development of Least Developed Countries is to assist their economic growth through trade-facilitating measures. The trade liberalisation regime...
Persistent link: https://www.econbiz.de/10013001731
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Trade and Competition Policy in the Developing World : Is There a Role for the WTO?
Gifford, Daniel J.; Kudrle, Robert T. - 2014
This paper considers the possibilities that the member states of the WTO would adopt some kind of antitrust provision …
Persistent link: https://www.econbiz.de/10014215778
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Order without (Enforceable) Law : Why Countries Enter into Non-Enforceable Competition Policy Chapters in Free Trade Agreements
Sokol, D. Daniel - 2017
PTAs include a chapter on antitrust/competition policy. Until now, the effectiveness of such chapters has remained … unanswered. This article undertakes the first empirical analysis of Latin American antitrust/competition policy chapters in PTAs … article provides an overview of the process of liberalization in Latin America. It then describes how domestic antitrust fits …
Persistent link: https://www.econbiz.de/10014225046
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Potential Foreign Competition in U.S. Manufacturing
Ghosal, Vivek - 2002
to this aspect could result in a biased picture of total competition, leading to misguided antitrust decisions. Drawing … concentrated industries, which are more likely to be subject to antitrust scrutiny, have a greater degree of potential foreign …
Persistent link: https://www.econbiz.de/10014109153
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Effective European antitrust : does EC merger policy generate deterrence?
Clougherty, Joseph A.; Duso, Tomaso; Lee, Miyu; … - 2015
We estimate the deterrence effects of European Commission (EC) merger policy instruments over the 1990-2009 period. Our empirical results suggest that phase-1 remedies uniquely generate robust deterrence as – unlike phase-1 withdrawals, phase-2 remedies, and preventions – phase-1 remedies...
Persistent link: https://www.econbiz.de/10011392122
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Buying to sell : private equity buyouts and industrial restructuring
Norbäck, Pehr-Johan; Persson, Lars; Tåg, Joacim - 2013
antitrust policy, we underscore that an active private equity market can aid antitrust authorities by triggering welfare …
Persistent link: https://www.econbiz.de/10009772935
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Lead jurisdiction concepts : towards rationalizing multiple competition policy enforcement procedures
Budzinski, Oliver - 2014
the governance of international antitrust cases. Thus, lead jurisdiction models offer considerable economic benefits …
Persistent link: https://www.econbiz.de/10010366940
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Firm and establishment volatility : the role of sunk costs, profit uncertainty and technological change
Ghosal, Vivek - 2003
appear to be mixed. We explore the implications of our findings for antitrust analysis. …
Persistent link: https://www.econbiz.de/10011508062
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The impact of merger legislation on bank mergers
Carletti, Elena; Ongena, Steven; Siedlarek, Jan-Peter; … - 2016
We find that stricter merger control legislation increases abnormal announcement returns of targets in bank mergers by 7 percentage points. Analyzing potential explanations for this result, we document an increase in the pre-merger profitability of targets, a decrease in the size of acquirers...
Persistent link: https://www.econbiz.de/10011518760
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Optimal leniency programs when firms have cumulative and asymmetric evidence
Blatter, Marc; Emons, Winand; Sticher, Silvio - 2014
An antitrust authority deters collusion using fines and a leniency program. Unlike in most of the earlier literature …
Persistent link: https://www.econbiz.de/10010402216