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Does antitrust policy promote competition?

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  • Robert Lawson
  • Ryan Murphy

Abstract

Using new measures of the scope and strength of antitrust policies, we find no evidence that more robust antitrust regimes correlate with more intense local competition or less corporate dominance. The results cast doubt on the common textbook assumption that antitrust policies improve levels of competition.

Suggested Citation

  • Robert Lawson & Ryan Murphy, 2016. "Does antitrust policy promote competition?," Applied Economics Letters, Taylor & Francis Journals, vol. 23(14), pages 1034-1036, September.
    • Handle: RePEc:taf:apeclt:v:23:y:2016:i:14:p:1034-1036
    DOI: 10.1080/13504851.2015.1130784
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    References listed on IDEAS

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    1. Barro, Robert J. & Lee, Jong Wha, 2013. "A new data set of educational attainment in the world, 1950–2010," Journal of Development Economics, Elsevier, vol. 104(C), pages 184-198.
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