Introduction -- The emergence of competition policy regimes -- The errors of antitrust -- The performance gap -- What is competition policy? -- Sources of error in antitrust practice -- What is different in developing and transition economies? -- The political economy of antitrust enforcement --...

The paper explores what macroeconomic factors can tell us about the effectiveness of recently enacted national competition laws. Qualitative evidence suggests that numerous countries fall short in implementing competition law. Furthermore, there seems to be significant differences between...

There is no doubt that a robust competition policy and its proper enforcement through transparent competition law contributes to the growth and economic development by way of offering choices to the stakeholders, reduced prices due to reduced costs of production or otherwise (say innovation)....