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Open Access. Powered by Scholars. Published by Universities.®

2011

Antitrust

American University in Cairo

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Full-Text Articles in Law

Competition Law And Policy In Developing Countries: The Case Of The Egyptian Steel Monopoly, Hany Abdel Massih Ghaly Apr 2011

Competition Law And Policy In Developing Countries: The Case Of The Egyptian Steel Monopoly, Hany Abdel Massih Ghaly

Theses and Dissertations

The structure of the economy of developing countries and the political forces at play are different from their counterparts in developed countries. Therefore and theoretically, the adoption of antitrust policies in developing countries might not rely on the model of developed countries. Poverty and market size play a fundamental role in identifying the right formulation of competition law and policy. Small economies face different issues than large economies, such as productive efficiency, that may lead small economies to a higher level of industry concentration and allow the achievement of some market power. This paper argues that although monopoly is regarded …