Trade Openness and Antitrust Law

Trade Openness and Antitrust Law*

Abstract. Openness to international trade and adopting stringent antitrust laws are both ways that countries can curb anticompetitive behavior. But scholars have long debated the relationship between these two tools. Some have argued that greater trade openness makes antitrust unnecessary, while others have argued that antitrust laws are still needed to realize the benefits of trade liberalizat...

Annual Survey of Virginia Law: Antitrust and Trade Regulation

Trade openness, capital openness and government size

This paper provides empirical evidence of the relation between trade openness, capital openness and government expenditures in a cross-sectional time-series context. It is shown that capital openness is significantly and negatively related to government expenditures in line with the conventional wisdom that capital mobility may undermine the ability of governments to maintain larger public sect...

In Hospital Antitrust Law

Antitrust litigation involving hospitals is common. This paper describes recent developments and underlying issues in antitrust law with respect to hospital–hospital relations, hospital–physician relations, and hospital–payer relations. A key unanswered question in each of these areas is how government regulation and public purchasing affect competitive markets for hospital services. A nt itrus...

Agriculture Trade Openness and Poverty Reduction: A Cross-Country Analysis

This paper explores the effects of general and agricultural trade openness on economic freedom and alongside with the quality of institutions, on income and poverty. Recent cross-country data for over 200 nations in global regions were used to estimate equations for income, poverty and economic freedom. Economic freedom appears to have positive impacts on income levels, which together with good...