The paper first summarizes the benefits of competition, i.e. why competitive markets are more efficient than oligopolistic or monopolistic markets, and the threats to competitive markets from cartels, concentration, and government interference. In the main part, the paper presents the key...

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...

Competition law scholarship has long invoked the role of competition law and policy in economic development in developing countries. More recently, the highly visible efforts to enact this legislation has been one of the most remarkable trends in their regulatory reform process. Assuming that...

The ultimate objective of the present paper is to empirically investigate the effectiveness of competition policy in developed and developing countries. Although its importance is continuously increasing, the effectiveness of competition policy still seems to lack the attention that it would...

This symposium issue, guest edited by Tim Büthe and Umut Aydin, brings together eight papers exploring, from multiple different disciplinary perspectives, “success and limits” of competition law and policy under conditions where they might be considered "most unlikely to succeed" (as the...

This paper considers the possibilities that the member states of the WTO would adopt some kind of antitrust provision. Initially, the paper reviews the historical relation of competition policy to trade policy, from the Havana Conference to the present. It then reviews the conflicts between the...

The paper is concerned with documenting and assessing statements made by policymakers, opinion formers, and other stakeholders in favour and against the adoption of competition laws with particular reference to transition and developing countries which have not yet enacted these kind of laws....

When international institutions (UN, IMF, The World Bank, OECD) evaluate the conditions countries should meet in the road towards economic development and prosperity, the formulation and implementation of an effective competition policy (CP) appears always as one of the major requirements....

Previous work has shown that firms in low and middle-income countries in Eastern Europe and Central Asia that feel greater pressure to innovate from their competitors are more likely to introduce new products and services than firms that do not feel pressure (Carlin and others 2001; World Bank...