A Market Process Analysis of Competition Policy in Latin America

31 Pages Posted: 11 Mar 2001

See all articles by Ignacio De Leon

Ignacio De Leon

Catholic University Andres Bello (UCAB)

Date Written: January 2001


This paper examines the institutional context where competition policy in Latin America is enforced. In particular, it places attention on the historical context of economic institutions in the region, and how these institutions have influenced competition policy enforcement. It also delineates three conditions necessary for competition policy enforcement in Latin American countries to achieve both efficiency and innovation development goals. First, the promotion of a pro-market policy agenda; second, the attention to the institutional incentives placed on competition agencies, and finally, the challenge of adverse anti-market social values where the policy is to be implemented. To develop this analysis, the paper develops an alternative analysis different from the mainstream efficiency-equity economic analysis, and focuses on neo-institutional development concepts of economic process.

Keywords: competition policy, Latin America, neo-institutional economics, market process

JEL Classification: K21

Suggested Citation

De Leon, Ignacio, A Market Process Analysis of Competition Policy in Latin America (January 2001). Available at SSRN: https://ssrn.com/abstract=258959 or http://dx.doi.org/10.2139/ssrn.258959

Ignacio De Leon (Contact Author)

Catholic University Andres Bello (UCAB) ( email )

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