Even if it is accepted that rules against cartels and the abuse of market dominance are appropriate for emerging economies, it is reasonable to ask how important it is to have a system of merger control. Some countries have decided only to adopt rules on the former, but not on the latter. Singapore provides for merger control in its primary legislation, but has decided that these provisions would not be brought into effect for at least 12 months after the rules on cartels and abuse. This is a matter that needs to be decided on a case-by-case basis.
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