This paper investigates the impact of disclosure regulation on import competition. Using the segment disclosure … markets, I uncover an increase in U.S. import competition at the industry level. Consistent with foreign competition, the … effect is more pronounced in industries with high labor intensity and in industries with low competition, where foreign firms …

' competitiveness by inducing competitors to take actions. To capture firm-level variation in product market competition, we rely on the … rivals of non-disclosing firms, and that competition between an acquirer and rivals increases both when the acquirer …

of price competition. When consumers fall short of forming rational expectation after non-disclosure, firms may partially …