Competition Policy in Chile

Alexander Galetovic de la Facultad de Ciencias Económicas y Empresariales, Universidad de los Andes (Chile) publicó a mediados del año pasado un ensayo sobre las políticas de competencia en Chile. El análisis en "Competition Policy in Chile " es eminintemente económico y detalla diversos ejemplos de mercados chilenos, el rol de las autoridades la competencia y los efectos de sus políticas de competencia.

A continuación transcribo el abstract del documento:

Abstract: This paper reviews competition policies in Chile. It argues that competition policy should strive to reduce entry, fixed and variable costs where that is technically feasible; reduce the costs of reallocating resources across firms and sectors; and foster tough price competition. It also shows that reducing concentration is the wrong policy goal because tougher price competition will increase equilibrium concentration, ceteris paribus.While Chile's competition policies are not bad by international standards, there is considerable room for improvement. The government has ample discretion to affect competitive conditions in markets, many regulations soften price competition, bureaucratic red tape is still widespread, and economic analysis by antitrust authorities is generally of mediocre quality.