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Deregulation and antitrust policies: theory and practice

Abstract

Deregulation and antitrust enforcement revival are two recent tendencies in developed and third world countries as well. At first sight, they seem inconsistent as deregulation stresses the free market organization, while antitrust policy limits private business strategies. This paper discusses the economic reasons for regulation and antitrust enforcement and the relationship between industrial and antitrust policies. Some historical examples are brought to the discussion, including the Brazilian experience.

Keywords:
Antitrust; competition; monopoly; concentration

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