Does antitrust policy promote competition?

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.

KEYWORDS:

• Antitrust
• competition

JEL CODE:

• L40

Disclosure statement

No potential conflict of interest was reported by the authors.