By Ashok Menon A.E. Rodriguez
What the authors supply is a thoroughgoing research truly demonstrating that, no matter what monetary direction constructing international locations pursue, implementing Western-style antitrust regimes will engender uncertainty, kick back fiscal behaviour, and foster an dangerous weather for company. They hire the influential error-cost method to appraise the functionality of festival coverage and to teach how any such coverage creates irresolvable tensions in fragile economies with vulnerable institutions--economies characterised via casual principles of commercial perform, long-standing symbiotic company country relationships, and unpredictable kingdom motion. They mount a strong critique of the arguments of neo-institutionalists (who fail to acknowledge the susceptible nature of rising industry economies) and pageant advocates (who presume to face prepared and vigilant to implement pageant coverage on nation entities). yet pageant coverage in constructing economies isn't an irremediable mistake. Such regimes don't need to adhere to an beside the point Western version, the authors preserve, to discover more cost-effective and better how you can foster pageant. As a close and insightful description and framework defining the boundaries to antitrust in constructing (and particularly least-developed) international locations, this learn can provide to increase the controversy that are meant to precede any attention of worldwide extending pageant coverage in its present model. Crafters of regulations and principles in pageant legislation and management can't fail to achieve intensive of figuring out from this new method of the topic.
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Extra info for The Limits of Competition Policy: The Shortcomings of Antitrust in Developing and Reforming Economies (International Competition Law Series)
The Limits of Competition Policy: The Shortcomings of Antitrust in Developing and Reforming Economies (International Competition Law Series) by Ashok Menon A.E. Rodriguez