A General Antitrust Framework for Emerging Market Economies
25 Pages Posted: 27 Oct 2005
Date Written: Spring 2005
The present study examines the process that developing countries have to go through as a precondition for being able to actively participate in the development of a multilateral framework of trade and competition: the adoption of competition policy as a prerequisite for a multilateral competition framework. Thus, the main argument presented herein is that the mere adoption of a competition law is not sufficient for developing countries to carry upon a coherent market-based competition policy, and that there are a multiplicity of elements that also need to be created and further implemented in order for a competition policy to be successful, so that it can constitute the proper foundation for multilateral integration. In light of the above, the paper examines the process of adopting a competition policy from its first starting point, up to its structural organization and ulterior implementation: it analyzes the creation of an antitrust framework from the scope of emerging market economies.
Keywords: Law, Antitrust, Developing Countries, Competition, Competition Law, Competition Policy, Law and Economics
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