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What Influences Adoption Of Competition Law? The Case Of Asean Economies

Author

Listed:
  • MAJAH-LEAH V. RAVAGO

    (Ateneo de Manila University, Philippines)

  • JAMES A. ROUMASSET

    (University of Hawaii, USA)

  • ARSENIO M. BALISACAN

    (Philippine Competition Commission, Philippines)

Abstract

We investigate the factors that influence adoption of competition law using a panel of countries from 1970 to 2015. We find that in addition to development level, trading arrangements and peer pressure have also influenced adoption. The spread of competition laws adopted from Western precedents left a question regarding the extent they have been tailored to the diverse circumstances of the Association of Southeast Asian Nations countries. We document the nature, structure, conduct and scope of competition laws by comparing and contrasting the experience of the Philippines and Thailand. Our descriptive analysis reveals that the force and influence of the law are not entirely dependent on early adoption.

Suggested Citation

  • Majah-Leah V. Ravago & James A. Roumasset & Arsenio M. Balisacan, 2022. "What Influences Adoption Of Competition Law? The Case Of Asean Economies," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 67(05), pages 1607-1636, September.
    • Handle: RePEc:wsi:serxxx:v:67:y:2022:i:05:n:s0217590821430049
    DOI: 10.1142/S0217590821430049
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    Keywords

    Competition law; competition policy; ASEAN; antitrust; Philippines; Thailand;
    All these keywords.

    JEL classification:

    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
    • L44 - Industrial Organization - - Antitrust Issues and Policies - - - Antitrust Policy and Public Enterprise, Nonprofit Institutions, and Professional Organizations
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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