Competition Policy in an Open Economy

Joseph Francois and Henrik Horn

No 98-092/2, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: We examine the setting of national competition policy in a two-country setting,emphasizing the relationship of trade to the goals of competition policy (suchas the degree and nature of competition). The issues we address involve thegeneral equilibrium distributional effects of competition policy, therelationship of national competition policy to terms-of-trade gains and losses,the implications of "distinct national markets" linked through trade (thestarting point for all trade theorists) for the analysis of national competitionpolicy, and the characteristics of the Nash equilibrium policy sets.

Keywords: competition policy; merger policy; trade policy; trade and imperfect competition (search for similar items in EconPapers)
JEL-codes: F0 F12 F13 (search for similar items in EconPapers)
Date: 1998-09-03
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Citations: View citations in EconPapers (22)

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Persistent link: https://EconPapers.repec.org/RePEc:tin:wpaper:19980092

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