Tuesday, March 19, 2019
Sachin Coothoopermal, Open University of Mauritius and Hemant Chittoo, University of Technology Mauritius are Assessing the Significance of Competition Law in Mauritius: A Quantitative Study.
ABSTRACT: This paper investigates the significance of the Competition Act since its enactment in 2007 in Mauritius. Whilst, antitrust laws are very common in developed countries, the implementation and a quantitative analysis of their impact are relatively rare in developing countries. This paper aims to provide a scientific insight as to whether the Mauritius Competition Act meets the enforcement features of international standards. It also shows its relationship with Competition Intensity. A longitudinal study, from 2001 to 2014, was carried out to test the hypotheses. Findings showed that enactment of the Mauritius Competition Act in 2007 significantly improved enforcement and penalty in matters of uncompetitive behaviour. It was also found that there is a significant positive relationship between Competition Law scope and Competition Intensity. Further multiple regression analysis, however, showed that when controlling covariates GDP per capita, the population growth rate, the average wage in the manufacturing sector, government spending as a percentage of GDP, the competition enforcement budget as a percentage of GDP, this relationship was not significant. The multiple regression analysis thus provides a model which comprises Competition Law and the covariates for Competition Intensity.