@article{Jr._1999, title={Schumpeterian competition and its policy implications: The Latin American case}, volume={19}, url={https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1071}, DOI={10.1590/0101-31571999-1025}, abstractNote={<p>Using the Schumpeterian notion of Creative Destruction, this paper discusses<br />the role of antitrust in the process of economic reform and illustrates with the Latin American<br />case. According to that notion, competition is a process wherein firms strive to survive<br />under an evolving set of rules that engenders winners and losers. The main instrument that<br />allows firms to be ahead of their competitors is the introduction of informational asymmetries<br />that may result either from technological innovation, rent seeking or organized crime.<br />To the public authorities this process implies two challenges. The former is to identify the<br />situations that require intervention and the latter is to ensure that innovation will be the<br />only available instrument for creating in- formational asymmetries.</p> <p><strong>JEL Classification:</strong> O31; B51; D82.</p>}, number={4}, journal={Brazilian Journal of Political Economy}, author={Jr., José Tavares de Araújo}, year={1999}, month={Oct.}, pages={569-580} }