Antitrust Review of Mergers in Transition Economies: A Comment, with Some Lessons from Brazil

Cincinnati Law Review, Vol. 66, No. 1113, 1998

20 Pages Posted: 19 Aug 1999 Last revised: 22 Sep 2015

See all articles by William H. Page

William H. Page

University of Florida - Levin College of Law

Abstract

William Kovacic's recent article, Merger Enforcement in Transition Economies, addresses important issues raised by the spread of antitrust worldwide following the collapse of the Soviet Union. Professor Page's comment on Kovacic expresses concerns that the fledgling antitrust regimes in countries with no tradition free markets will be unduly interventionist. To illustrate these concerns, the comment examines recent cases in which the Brazilian antitrust agency, CADE, blocked or imposed conditions on the approval of international acquisitions. In these instances, CADE?s economic analysis was questionable, particularly in light of the Brazil?s need for foreign investment.

JEL Classification: L44

Suggested Citation

Page, William Hepburn, Antitrust Review of Mergers in Transition Economies: A Comment, with Some Lessons from Brazil. Cincinnati Law Review, Vol. 66, No. 1113, 1998. Available at SSRN: https://ssrn.com/abstract=166971

William Hepburn Page (Contact Author)

University of Florida - Levin College of Law ( email )

P.O. Box 117625
Gainesville, FL 32611-7625
United States

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