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Competition policy in Latin America: Legal and institutional issues

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Abstract

Latin America has emerged from the ‘lost decade’ of the 1980s with substantially transformed economies characterized by sounder fiscal policies (cuts in expenditures, increases in revenues through better tax administration and from the one-time proceeds of privatization), substantial deregulation and decentralization of economic activity, outward-looking trade and investment policies, and greater domestic savings. While progress has been uneven across the region, in virtually all countries a more prominent role is envisaged for the private sector as the future engine of growth.

The views in this chapter are those of the author in his persona] capacity and are not necessarily those of the World Bank where he is employed.

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Notes

  1. For a detailed evaluation of Mexico’s new Economic Competition Law see Joshua Newberg, ‘Mexico’s New Economic Competition Law: Toward the Development of a Mexican Law of Antitrust’ Columbia Journal of Transnational Law Vol. 31 (1994) p587.

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  2. For a detailed assessment of intellectual property protection in Latin America, see Malcolm Rowat, ‘An Assessment of Intellectual Property in LDCs from Both a Legal and Economic Perspective — Case Studies of Mexico, Chile and Argentina’ Denver Journal of International Law and Policy, Vol. 21, No. 2 (Winter 1993) p401.

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  3. There is a vast body of literature dealing with the contents and evolution of the principle of free trade and industry under the French and Spanish legal traditions. Good examples are: Gérard Farjat and Bernard Remiche, Liberté et droit économique (Liberty and economic law), (Brussels: De Boeck Université, 1992)

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  4. Martín Bassols Coma, Constitutión y Sistema Económico (Constitution and the Economic System), (Madrid: Tecnos, 1985)

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  5. Santos Pastor, Sistema Juridico y Economía Legal System and the Economy), (Madrid: Tecnos, 1989).

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  6. For a detailed explanation of the meaning and extent of this concept, see Winfried Jung (ed.), Social Market Economy. An Economic System for Developing Counties, (Sankt Augustin: Academia Verlag Richarz AV, 1990).

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  7. Juan Ignacio Font Galán, Constitución EconómicayDerecho de la Competencia (Economic Constitution and Competition Law), (Madrid: Tecnos, 1987).

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  8. In Spanish: ‘Represión de la competencia desleal’. The best conceptual approach on this language is that of Aurelio Menéndez, La competencia desleal (Unfair Competition), (Madrid: Civitas, 1988).

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  9. Also see: Gustavo Ghidini, Slealta della Concorrenza e Constititzione Economica (Fair competition and Economic Constitution), (Milan: Padova, 1978)

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  10. Juan José Otamendi, Comentarios a la Ley de Competencia Desleal (Comments on the Unfair Competition Law), (Arazandi: Pamplona, 1994).

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  11. Philippe Brusick. ‘United Nations Control of Restrictive Business Practices’. Journal of World Trade, Vol. 17 (1983) p337.

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  12. Manuel Lozano Higuero y Pinto, La protection procesal de los inte reses difusos (Procedural protection of diffuse interests), (Madrid: García Blanco, 1983).

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© 1997 The British Council

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Rowat, M.D., Núñez, L.J.DC. (1997). Competition policy in Latin America: Legal and institutional issues. In: Faundez, J. (eds) Good Government and Law. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-25229-9_8

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