The major premise of this book has been that the development and the evolution of antitrust policies in the US, Europe, Japan and the BRICS has been determined and influenced by the institutionalisation of American antitrust theories within various social and cultural frameworks and in response to specific interests. In this context, the pan-institutional approach here adopted appears to be a fundamental tool for analysing such phenomenon. Indeed, starting from Douglass North’s theoretical constructions, pan-institutionalism allows us to assess the evolution of competition policies and regulations by taking into consideration the role of both cognitive (e.g., theories) and normative (e.g., local culture) ideas together with contingent interests in influencing the social realm. This is particularly relevant because there are no such studies of antitrust from an international political economic approach. Typically antitrust is analysed according to economic and juridical points or view as the set of regulations and policies enforced by governments to foster market competitiveness. Indeed, the desirability of competitiveness lies in its capacity to efficiently increase profit and the general wellbeing, as long as market conditions are respected.
KeywordsPolicy Language Economic Freedom Competition Policy Major Premise Causal Belief
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