Showing 1 - 5 of 5
This paper extends the critique of efficiency and disregard for redistribution in mainstream law and economic analyses to development studies. It presents, through the work of Duncan Kennedy on left-wing law and economics, an alternative framework for development that is liberated from the...
Persistent link: https://www.econbiz.de/10012998374
Economics applied to law is as old as Bentham, Ricardo, Smith and Marx. It is also as varied as these authors are from one another. However, when we talk today about the economic analysis of law, or simply law and economics (L&E), generally one version is meant: namely, the one born to the...
Persistent link: https://www.econbiz.de/10012940940
The paper illustrates Egypt's encounter with its competition law from its adoption of the law in 2005 all through 2015. This illustration is carried out through Egypt's arch monopolist and shrewd businessman Ahmed Ezz and his steel empire, Ezzsteel, a company that became the largest in the...
Persistent link: https://www.econbiz.de/10012940942
This article explores alternatives to the proscribed ideal of perfect competition and allocative efficiency that are more suitable to countries in the Global South. Seeking perfect competition in order to realize allocative efficiency is not only an unsuitable guide for competition enforcement...
Persistent link: https://www.econbiz.de/10012941573
This paper presents a statistical study of public antitrust enforcement in developing countries. It illustrates what really happens with antitrust laws in developing countries after they are put into force. Counter to predictions predominant in the literature, this research shows that developing...
Persistent link: https://www.econbiz.de/10014170373