Market entry and competition law in Latin America : the role of economic development in antitrust analysis / Francisco Eduardo Beneke Avila.
2021
KG758
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Title
Market entry and competition law in Latin America : the role of economic development in antitrust analysis / Francisco Eduardo Beneke Avila.
ISBN
3662623471 (electronic book)
9783662623473 (electronic bk.)
3662623463
9783662623466
9783662623473 (electronic bk.)
3662623463
9783662623466
Published
Berlin, Germany : Springer, [2021]
Language
English
Description
1 online resource (xvi, 234 pages) : illustrations (chiefly color)
Other Standard Identifiers
10.1007/978-3-662-62347-3 doi
Call Number
KG758
Dewey Decimal Classification
343.8/0721
Summary
This book explores the relationship between market entry analysis in competition law and the study of the determinants of aggregate investment. Macroeconomic and social characteristics, such as widespread corruption, political instability, and low levels of education are associated with lower investment rates. Progress on these indicators on the other hand is also strongly associated with sustained growth and higher investment rates. This book analyzes the interaction between these macro variables and the market-specific analysis typical in antitrust cases. Against this background, representative decisions of four Latin American competition authorities - México, El Salvador, Colombia, and Chile - on unilateral conduct are analyzed, focusing on market power assessment. The analysis shows that there is little to no explicit or implicit consideration of the impact of the macroeconomic environment on market dynamism and therefore on market power. This book also explores the influence that EU and US competition law have in the standards to prove ease of market entry developed by the Latin American authorities. Although most of the Latin American authorities share a lack of reliance on market forces, which is characteristic of EU competition law, this book argues that market entry analysis still needs to be adjusted to fit the socio-economic context that affects investment within the country and the degree to which each particular market is affected. Finally, the book proposes a framework on how the macro characteristics covered can be incorporated into competition law enforcement.
Bibliography, etc. Note
Includes bibliographical references.
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Access limited to authorized users.
Digital File Characteristics
text file
PDF
Source of Description
Online resource; title from PDF title page (SpringerLink, viewed March 1, 2021).
Series
Munich studies on innovation and competition ; v. 14. 2199-7462
Available in Other Form
Print version: 9783662623466
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Table of Contents
Introduction
Market power and its measurement: The relevance of entry analysis
The long run market equilibrium and barriers to entry
Dynamic aspects of entry
Determinants of the investment rate in the economy and their relevance in entry analysis
How different are Latin American countries from the EU and the US regarding the socio-economic variables under study?
Choosing the countries
Entry analysis in abuse of dominance cases
Comparative analysis: Do Latin American countries follow the EU or US standards for entry analysis?
How to incorporate the country characteristics studied in the present research into entry analysis
Conclusions.
Market power and its measurement: The relevance of entry analysis
The long run market equilibrium and barriers to entry
Dynamic aspects of entry
Determinants of the investment rate in the economy and their relevance in entry analysis
How different are Latin American countries from the EU and the US regarding the socio-economic variables under study?
Choosing the countries
Entry analysis in abuse of dominance cases
Comparative analysis: Do Latin American countries follow the EU or US standards for entry analysis?
How to incorporate the country characteristics studied in the present research into entry analysis
Conclusions.