Abstract
The aim of this paper is to evaluate merger control as a segment of competition policy in less developed countries (LDCs) and to propose desirable regimes, using economic growth as the evaluation standard. Three regimes of merger control are recommended, depending on the level of institutional and economic development: for LDCs with low levels of both, the absence of merger control is suitable; for LDCs with intermediate levels of both, very restricted merger control is recommended; this should evolve into somewhat restricted merger control for the remaining LDCs. Advocacy is recommended as the main substitute activity of the national competition authorities.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
