The antitrust theory, used as the economic guide to analyze market concentration - mergers, acquisitions, and anticompetitive conducts, has been changed for the last few decades. The primary concern with market structure was replaced by the economic efficiency approach, balancing the potential adverse competitive effects of a merger transaction or a firm’s conduct against its potential efficiencies. In Brazil, antitrust policy has aroused towards a new antitrust statute, Law 8.884 /94 and the creation of the national antitrust system.
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Length: 24 pages Date of creation: Apr 2005 Date of revision: Handle: RePEc:cdp:texdis:td257
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