Trade and Competition Policy

Authored by: Kamala Dawar , Peter Holmes

The Ashgate Research Companion To International Trade Policy

Print publication date:  July  2012
Online publication date:  March  2016

Print ISBN: 9781409408352
eBook ISBN: 9781315613086
Adobe ISBN: 9781317043096


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As governments open up markets to foreign trade through reducing or eliminating tariff barriers at the borders of countries, it is widely understood that the persistence of domestic market failures behind the border can work to undermine the efficiency and growth effects associated with liberalization (Bhagwati et al. 1971). Competition can be obstructed for a variety of structural and behavioural reasons and governments address the different restrictions of competition through different policies and legal instruments because, as this chapter notes, competition policy can also be used to promote a range of different trade and social policy objectives.

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