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Competition authority independence, antitrust effectiveness, and institutions

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  • Ma, Tay-Cheng

Abstract

This paper investigates the relationships among the competition authority's independence, antitrust effectiveness, and institutions. The evidence suggests that the authority's effectiveness is empirically associated with the independence. However, it is the de facto and not de jure independence that matters for antitrust effectiveness. Besides, the de facto independence is the main mediating channel through which the institutions influence antitrust effectiveness.

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  • Ma, Tay-Cheng, 2010. "Competition authority independence, antitrust effectiveness, and institutions," International Review of Law and Economics, Elsevier, vol. 30(3), pages 226-235, September.
    • Handle: RePEc:eee:irlaec:v:30:y:2010:i:3:p:226-235
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    Cited by:

    1. Joan-Ramon Borrell & Juan Luis Jiménez & Carmen García, 2014. "Evaluating Antitrust Leniency Programs," Journal of Competition Law and Economics, Oxford University Press, vol. 10(1), pages 107-136.
    2. Grajzl, Peter & Baniak, Andrzej, 2018. "Private enforcement, corruption, and antitrust design," Journal of Comparative Economics, Elsevier, vol. 46(1), pages 284-307.
    3. Budzinski, Oliver, 2012. "Würde eine unabhängige europäische Wettbewerbsbehörde eine bessere Wettbewerbspolitik machen?," Ilmenau Economics Discussion Papers 78, Ilmenau University of Technology, Institute of Economics.
    4. Tay-Cheng Ma, 2012. "Legal tradition and antitrust effectiveness," Empirical Economics, Springer, vol. 43(3), pages 1263-1297, December.

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