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Integrating Regulatory and Antitrust Powers: Does It Work? Case Studies from Spain and Mexico

Competition Policy International, Vol. 10, No. 1, Spring 2014

25 Pages Posted: 14 Sep 2014  

Juan Delgado

Global Economics Group

Elisa V. Mariscal

Centro de Investigación y Docencia Economica (CIDE); Global Economics Group

Date Written: 2014

Abstract

There are a wide variety of possible structures for regulatory regimes in countries. This article focuses on the analysis of multi-purpose regulators that combine regulatory and antitrust powers, such as the Mexican IFT and Cofece, as well as the Spanish CNMC. We focus on institutional design, review the existing literature on the pros and cons of single-purpose vs. multi-purpose regulators, and use the new Spanish and the Mexican institutional settings to contrast how such pros and cons are designed to operate on paper and how they do so in real life. Our goal is to look for evidence, at the very initial stage of the reforms in both these countries, of whether these countries are moving closer to a rule of law equilibrium.

Keywords: multi-purpose regulators, antitrust, institutions, Mexico, Spain, IFT, Cofece, CNMC

JEL Classification: K21, K23, L40, L50

Suggested Citation

Delgado, Juan and Mariscal, Elisa V., Integrating Regulatory and Antitrust Powers: Does It Work? Case Studies from Spain and Mexico (2014). Competition Policy International, Vol. 10, No. 1, Spring 2014. Available at SSRN: https://ssrn.com/abstract=2403047

Juan Delgado

Global Economics Group ( email )

Calle Santa Engracia 46
Madrid, 28010
Spain

HOME PAGE: http://www.globaleconomicsgroup.com

Elisa Mariscal (Contact Author)

Centro de Investigación y Docencia Economica (CIDE) ( email )

Mexico City
Mexico

Global Economics Group ( email )

1400 S. Dearborn, Suite 400
Chicago, IL 60603
United States

HOME PAGE: http://www.globaleconomicsgroup.com

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