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Merger Policies And Trade Liberalization

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  • Horn, Henrik
  • Levinsohn, James A

Abstract

As international economic integration has progressed, policy makers have started to ponder the possible conflicts arising from nationally pursued competition policies in more unified goods markets. An idea underlying much of this discussion is the notion that international trade liberalisation, by limiting countries' abilities to promote their self-interest with beggar-thy-neighbour trade policies, will induce countries to instead use competition policies to pursue the same goals. We argue that one should not expect to find any particular relationship between trade policy and merger policy. Thus, we find no theoretical presumption that international trade liberalisation induces countries to pursue merger policies that have more of a beggar-thy-neighbour flavour.

Suggested Citation

  • Horn, Henrik & Levinsohn, James A, 2000. "Merger Policies And Trade Liberalization," CEPR Discussion Papers 2459, C.E.P.R. Discussion Papers.
  • Handle: RePEc:cpr:ceprdp:2459
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    References listed on IDEAS

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    1. Peter Lloyd & Gary Sampson, 1995. "Competition and Trade Policy: Identifying the Issues After the Uruguay Round," The World Economy, Wiley Blackwell, vol. 18(5), pages 681-705, September.
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    17. Mark Rysman, 2000. "Competition Policy as Strategic Trade," Papers 0100, Boston University - Industry Studies Programme.
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    More about this item

    Keywords

    Merger Policy; Strategic Competition Policy; Trade Liberalization;

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets

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