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Abstract:
Despite the many efforts in the advocacy of competition, we find a great difficulty in determining the appropriate mechanisms to introduce this discipline in the assessment
of existing and proposed regulation. Many actors in the public sphere in charge of
creating and implementing the regulatory regime ignore the great benefits that competition policy brings to society at large. In addition, when there is a certain level of awareness of such benefits, there is no consensus on the level of importance of analyzing market regulation through the lens of competition policy. This lack of consensus may be motivat
ed by the fact that it is not easy to quantify the gains of eliminating the excessive restrictions on competition. Finally, some markets continue to
be highly regulated for many different reasons, i.e. political and social goals, which can hinder the task of promoting the efficient allocation of resources.
