I’m pleased to share that “International Economic Relations and American Support for Antitrust Policy,” coauthored with Amy Pond, is now published in Business and Politics. https://doi.org/10.1017/bap.2024.35
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We know that int'l markets are dominated by the largest firms, raising questions about competitiveness of domestic firms and use antitrust against foreign firms. We find that antitrust is increasingly in the news, and that int'l competition is a frequent point of discussion in these reports.
Understanding how international competition and the use of antitrust policy against foreign firms is critical, given the importance of global competition, and the fact that over 90% of the largest antitrust cases in the US are international in scope.
Domestically, public support for antitrust is needed for continued enforcement and strengthening antitrust laws, so we examine what arguments are most influential in shaping support for antitrust law.
We find that individuals are especially concerned with being placed at a disadvantage relative to foreign competitors, and that such arguments are much more influential that arguments about national efficiency (or prices).
Interestingly, we find that using antitrust laws against foreign firms yields divergent reactions—highly nationalistic Americans increase their support for strong antitrust laws, while those with low levels of nationalism decrease support.
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