Adoption of Antitrust Laws in Developing Countries: Reasons and Challenges

38 Pages Posted: 15 Aug 2016

See all articles by Dina I. Waked

Dina I. Waked

Institut d'Etudes Politiques de Paris, Sciences Po Law School

Date Written: February 1, 2016

Abstract

This paper offers a detailed account of the encounter of developing countries with antitrust laws. It analyzes the phenomenal spread of these laws in the developing world since the early 1990s, the reasons why they adopted these laws, the challenges they face and the competition laws that fit their needs. It shows how these laws were initially adopted due to international pressure and treaty conditionality. It also shows that, contrary to prescriptions, the laws adopted are not drafted to address the special needs of developing countries and are simply cut-and-pasted from the laws of advanced nations. It highlights how this reality offers a further challenge to the implementation of these laws. This makes formatting a competition policy that is unique and tailored to the country’s needs a priority that should guide the implementation of these laws.

Keywords: Antitrust; Competition Law; Developing Countries

Suggested Citation

Waked, Dina I., Adoption of Antitrust Laws in Developing Countries: Reasons and Challenges (February 1, 2016). Journal of Law, Economics and Policy, Vol. 12, No. 2, 2016, Available at SSRN: https://ssrn.com/abstract=2816008

Dina I. Waked (Contact Author)

Institut d'Etudes Politiques de Paris, Sciences Po Law School ( email )

27 rue Saint-Guillaume
Paris Cedex 07, 75337
France

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