What Could Anti-Trust in the OECD Mean for Development?
DE BLIJVENDE UITDAGING, P.A. Kalbfleisch et al., The Hague, 2009, pp. 165-179
Institute of Social Studies Working Paper No. 473
19 Pages Posted: 6 May 2009 Last revised: 20 Jul 2009
Date Written: May 1, 2009
The extra-territorial effects of cartels, mergers and other non-competitive activities require consideration especially if they harm consumers and firms in developing countries. This chapter provides an overview of the available empirical literature regarding the impact of cartels, mergers and abuses of dominance and that are rooted in the OECD. Typically the available evidence is not yet sufficiently comprehensive to allow robust conclusions, but (with no claim on accuracy), it seems reasonable that the direct impact on developing countries is very substantial and in welfare terms may exceed the contribution by Official Development Aid. OECD countries could contribute to development through the activities of their competition authorities and appropriate changes in legislation.
Keywords: cartel, merger, restrictive business practices, developing countries, competition policy
JEL Classification: O1, L4
Suggested Citation: Suggested Citation