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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
This paper discusses the normative foundation of a global competition regime. It asks: What kind of normative values do we need? What objectives ought we to pursue? Why value economic competition at such a tough time as this? Are the disputes on these issues in the US and EU jurisdictions likely...
Persistent link: https://www.econbiz.de/10014138137
Recent 'open-economy industrial organization' literature finds export orientation enhances the weight of post-merger international competitive gains, favouring lenient domestic merger policy. However, mergers seldom generate the 'significant synergies' supportive of international competitive...
Persistent link: https://www.econbiz.de/10014063210
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
antitrust effectiveness and the need for comparative institutional analyses of antitrust that extend beyond matters of … precluding private antitrust enforcement as one salient choice in antitrust design depends on whether antitrust enforcement is … antitrust lawsuits or incentivizes firms to engage in frivolous litigation. Corruption expectedly reduces the effectiveness of …
Persistent link: https://www.econbiz.de/10011384564
We investigate the trade-off between financial stability and competition policy by focusing on the merger of ABN AMRO and Fortis Bank NL in the Dutch retail banking market. The financial crisis delayed the completion of the merger giving rise to anti-competitive behavior in the transitory...
Persistent link: https://www.econbiz.de/10012268034
An antitrust authority deters collusion using fines and a leniency program. It chooses the probability of an …
Persistent link: https://www.econbiz.de/10011919342
To encourage private actions for damages in antitrust cases some jurisdictions subtract a fraction of the redress from …
Persistent link: https://www.econbiz.de/10012159842
This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition … central features of antitrust policy. Our objective is to foster the improvement of legal regimes and also to identify topics …
Persistent link: https://www.econbiz.de/10014023495
Recently there has been a notable increase in interest in antitrust law in much of the world. This chapter discusses … antitrust policy toward horizontal mergers, the area of antitrust that has seen some of the most dramatic improvements in both …
Persistent link: https://www.econbiz.de/10014024580