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Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector. Competition has an important role to play in achieving such gains. However, Korea’s development strategy has tended to weaken competition and has left a legacy of government...
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August 2008, when China’s Anti-Monopoly Law (AML) came into effect. Antitrust review by a government that is historically … wary of market forces raises both substantive and procedural concerns for parties to mergers with connections to China … both in China and worldwide. Procedurally, imposing yet another regulatory burden on mergers may deter economically …
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This Paper identifies certain policy issues in the existing regulatory infrastructure of the Philippines which may prevent digital platforms in the Philippines from innovating and participating in the global digital economy. In brief, these policy issues relate to the incoherence between the...
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We examine antitrust rules in a two county general equilibrium trade model, contrasting national and multilateral (cooperative) determination of competition policy, exploring the properties of the policy equilibrium. It is not imperfect competition, but variation in competitive stance between...
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