The difficult road to a better competition policy: How do competition authorities reforms affect antitrust effectiveness?

This paper estimates the impact of reforming competition authorities on perceived antitrust effectiveness using methods of causal inference. We study how 20 countries reformed their competition authorities in depth between 1995 and 2020, and what has been the outcome of such reforms in the perceived...

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Detalles Bibliográficos
Autores: Borrell, Joan-Ramon, García Galindo, Carmen, Jiménez González, Juan Luis
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2024
País:España
Institución:Universidad de Barcelona
Repositorio:Dipòsit Digital de la UB
OAI Identifier:oai:diposit.ub.edu:2445/205683
Acceso en línea:https://hdl.handle.net/2445/205683
Access Level:acceso abierto
Palabra clave:Competència econòmica
Dret de la competència
Competition
Antitrust law
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spelling The difficult road to a better competition policy: How do competition authorities reforms affect antitrust effectiveness?Borrell, Joan-RamonGarcía Galindo, CarmenJiménez González, Juan LuisCompetència econòmicaDret de la competènciaCompetitionAntitrust lawThis paper estimates the impact of reforming competition authorities on perceived antitrust effectiveness using methods of causal inference. We study how 20 countries reformed their competition authorities in depth between 1995 and 2020, and what has been the outcome of such reforms in the perceived competition policy effectiveness by the business community compared with 18 control countries in a balanced panel. As the political economy literature warned, we find that reforms paradoxically have not always improved antitrust effectiveness. Some of the reforms approved stalled or backlashed as politicians opted for a Machiavelli option: undertaking 'counter-reforms' even in the name of an apparent but deceptive progressiveness and pro-competition drive.Wiley2024info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://hdl.handle.net/2445/205683Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)reponame:Dipòsit Digital de la UBinstname:Universidad de BarcelonaInglésReproducció del document publicat a: https://doi.org/10.1111/rego.12507Regulation & Governance, 2024, vol. 18, num.1, p. 203-225https://doi.org/10.1111/rego.12507cc by nc-nd (c) Borrell et al., 2024http://creativecommons.org/licenses/by-nc-nd/3.0/es/info:eu-repo/semantics/openAccessoai:diposit.ub.edu:2445/2056832026-05-27T06:46:51Z
dc.title.none.fl_str_mv The difficult road to a better competition policy: How do competition authorities reforms affect antitrust effectiveness?
title The difficult road to a better competition policy: How do competition authorities reforms affect antitrust effectiveness?
spellingShingle The difficult road to a better competition policy: How do competition authorities reforms affect antitrust effectiveness?
Borrell, Joan-Ramon
Competència econòmica
Dret de la competència
Competition
Antitrust law
title_short The difficult road to a better competition policy: How do competition authorities reforms affect antitrust effectiveness?
title_full The difficult road to a better competition policy: How do competition authorities reforms affect antitrust effectiveness?
title_fullStr The difficult road to a better competition policy: How do competition authorities reforms affect antitrust effectiveness?
title_full_unstemmed The difficult road to a better competition policy: How do competition authorities reforms affect antitrust effectiveness?
title_sort The difficult road to a better competition policy: How do competition authorities reforms affect antitrust effectiveness?
dc.creator.none.fl_str_mv Borrell, Joan-Ramon
García Galindo, Carmen
Jiménez González, Juan Luis
author Borrell, Joan-Ramon
author_facet Borrell, Joan-Ramon
García Galindo, Carmen
Jiménez González, Juan Luis
author_role author
author2 García Galindo, Carmen
Jiménez González, Juan Luis
author2_role author
author
dc.subject.none.fl_str_mv Competència econòmica
Dret de la competència
Competition
Antitrust law
topic Competència econòmica
Dret de la competència
Competition
Antitrust law
description This paper estimates the impact of reforming competition authorities on perceived antitrust effectiveness using methods of causal inference. We study how 20 countries reformed their competition authorities in depth between 1995 and 2020, and what has been the outcome of such reforms in the perceived competition policy effectiveness by the business community compared with 18 control countries in a balanced panel. As the political economy literature warned, we find that reforms paradoxically have not always improved antitrust effectiveness. Some of the reforms approved stalled or backlashed as politicians opted for a Machiavelli option: undertaking 'counter-reforms' even in the name of an apparent but deceptive progressiveness and pro-competition drive.
publishDate 2024
dc.date.none.fl_str_mv 2024
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://hdl.handle.net/2445/205683
url https://hdl.handle.net/2445/205683
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Reproducció del document publicat a: https://doi.org/10.1111/rego.12507
Regulation & Governance, 2024, vol. 18, num.1, p. 203-225
https://doi.org/10.1111/rego.12507
dc.rights.none.fl_str_mv cc by nc-nd (c) Borrell et al., 2024
http://creativecommons.org/licenses/by-nc-nd/3.0/es/
info:eu-repo/semantics/openAccess
rights_invalid_str_mv cc by nc-nd (c) Borrell et al., 2024
http://creativecommons.org/licenses/by-nc-nd/3.0/es/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Wiley
publisher.none.fl_str_mv Wiley
dc.source.none.fl_str_mv Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)
reponame:Dipòsit Digital de la UB
instname:Universidad de Barcelona
instname_str Universidad de Barcelona
reponame_str Dipòsit Digital de la UB
collection Dipòsit Digital de la UB
repository.name.fl_str_mv
repository.mail.fl_str_mv
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