Abstract

http://ssrn.com/abstract=1977517
 
 

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Enhancing Welfare by Attacking Anticompetitive Market Distortions


Alden F. Abbott


Government of the United States of America - Federal Trade Commission

Shanker A. Singham


Steel Hector & Davis LLP

December 1, 2011

Concurrences, No. 4, 2011

Abstract:     
“Anticompetitive market distortions,” or “ACMDs,” involve government actions that empower certain private interests to obtain or retain artificial competitive advantages over their rivals be they foreign or domestic, to the detriment of consumer welfare. This article assesses the nature of ACMDs, and the problems governmental and international institutions (in particular, the World Trade Organization and national competition agencies) have had in dealing with them. We suggest that the multilateral International Competition Network – and, in particular, the ICN’s Advocacy Working Group – may be a possible near term vehicle for beginning to confront, or at least beginning to highlight, the harm of ACMDs. With that in mind, this article proposed the development of a metric to estimate the net welfare costs of ACMDs. Such a metric could help strengthen the hand of the ICN – and of reform-minded public officials.

Number of Pages in PDF File: 6

Keywords: Anticompetitive market distortions, Government actions, Private interests, Artificial competitive advantages, Consumer Welfare, Governmental international institutions, Multilateral International Competition Network

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Date posted: January 1, 2012  

Suggested Citation

Abbott, Alden F. and Singham, Shanker A., Enhancing Welfare by Attacking Anticompetitive Market Distortions (December 1, 2011). Concurrences, No. 4, 2011. Available at SSRN: http://ssrn.com/abstract=1977517

Contact Information

Alden F. Abbott (Contact Author)
Government of the United States of America - Federal Trade Commission ( email )
601 New Jersey Ave., NW
Washington, DC 20580
United States
Shanker A. Singham
Steel Hector & Davis LLP ( email )
200 South Biscayne Boulevard
41st Floor
Miami, FL 33131-2398
United States
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