Wednesday, January 14, 2009
Posted by D. Daniel Sokol
Crispulo Marmolejo, Universidad Santo Tomas - Chile, Law discusses Antitrust Systems: Searching Similarities between East Asia and Chile.
ABSTRACT: This paper analyzes the main characteristics of the Antitrust Laws applied to the experiences of three countries in East Asia (China, Korea and Japan) and exploring some similarities with the antitrust system of Chile, a South American country. The text establishes that the four countries lived in authoritarian regimes that implemented free market economies, and as a consequence of this, a collection of legal rules on Monopolies and Protection of the Free Competition. Also, all the cases studied are experiencing the phenomena of corporate concentration, which has encouraged to its regulatory agencies to design administrative rules called "Merger Guidelines".