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Merger Control and Economic Growth of LDCs: Some Observations and Recommendations

Review of industrial organization, 2019-03, Vol.54 (2), p.381-408 [Peer Reviewed Journal]

Springer Science+Business Media, LLC, part of Springer Nature 2018 ;Review of Industrial Organization is a copyright of Springer, (2018). All Rights Reserved. ;ISSN: 0889-938X ;EISSN: 1573-7160 ;DOI: 10.1007/s11151-018-9642-z

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  • Title:
    Merger Control and Economic Growth of LDCs: Some Observations and Recommendations
  • Author: Begović, Boris ; Popović, Dušan
  • Subjects: Acquisitions & mergers ; Advocacy ; Bedding ; Competition ; Competition policy ; Developing countries ; Economic development ; Economic growth ; Economics ; Economics and Finance ; Industrial Organization ; LDCs ; Microeconomics
  • Is Part Of: Review of industrial organization, 2019-03, Vol.54 (2), p.381-408
  • Description: 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.
  • Publisher: New York: Springer Science + Business Media
  • Language: English
  • Identifier: ISSN: 0889-938X
    EISSN: 1573-7160
    DOI: 10.1007/s11151-018-9642-z
  • Source: ProQuest Central
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