Publication:
Antitrust Enforcement and Firm Performance: Evidence from Colombia’s Sugar Market

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dc.contributor.authorSampi, James
dc.contributor.authorVostroknutova, Ekaterina
dc.date.accessioned2025-06-27T18:28:01Z
dc.date.available2025-06-27T18:28:01Z
dc.date.issued2025-06-27
dc.description.abstractThis paper examines the impact of two interventions by Colombia's competition authority to enforce competition in the sugar market on firm performance in downstream sectors. Using an exogenous identification strategy, the analysis finds that following the competition authority’s intervention against collusion in 2015, downstream firms expanded production but did not increase productivity or profitability margins, consistent with the removal of supply constraints imposed by cartelization. In contrast, the 2011 intervention against abuse of dominance increased the profitability margins of downstream firms, without altering production scale or labor intensity, consistent with input price reductions and stable consumer demand. Robustness checks, including propensity score matching, confirm the reliability of these findings. The results show that antitrust enforcement works through different channels, depending on the type of anti-competitive behavior. The results also highlight the importance of targeted and continuous antitrust enforcement in addressing market distortions.en
dc.identifierhttp://documents.worldbank.org/curated/en/099248406262520726
dc.identifier.doihttps://doi.org/10.1596/1813-9450-11155
dc.identifier.urihttps://hdl.handle.net/10986/43390
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectANTITRUST ENFORCEMENT
dc.subjectCOMPETITION
dc.titleAntitrust Enforcement and Firm Performanceen
dc.title.subtitleEvidence from Colombia’s Sugar Marketen
dc.typeWorking Paper
dspace.entity.typePublication
okr.date.disclosure2025-06-27
okr.date.doiregistration2025-06-29T02:10:50.671892Z
okr.date.lastmodified2025-06-27T17:05:51Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099248406262520726
okr.guid099248406262520726
okr.identifier.docmidIDU-8311c72b-dac4-413e-a872-d6afe322bd44
okr.identifier.doi10.1596/1813-9450-11155
okr.identifier.externaldocumentum40025401
okr.identifier.internaldocumentum40025401
okr.identifier.reportWPS11155
okr.import.id7799
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttps://documents.worldbank.org/curated/en/099248406262520726/pdf/IDU-8311c72b-dac4-413e-a872-d6afe322bd44.pdfen
okr.region.administrativeLatin America and Caribbean
okr.region.countryColombia
okr.sectorFY17 - Other Industry, Trade and Services,FY17 - Other Information and Communications Technologies
okr.sectorIndustry, Trade and Services,Information and Communications Technologies
okr.themeFY17 - Economic Growth and Planning,FY17 - Macroeconomic & Structural Policy Modelling,FY17 - Rule of Law,FY17 - Transparency, Accountability and Good Governance,FY17 - Trade,FY17 - Regulation and Competition Policy,FY17 - ICT Solutions,FY17 - ICT,FY17 - Trade Logistics,FY17 - Business Enabling Environment,FY17 - Public Administration,FY17 - Judicial and other Dispute Resolution Mechanisms,FY17 - Regional Integration
okr.themeFY17 - Public Sector Management,FY17 - Economic Policy,FY17 - Private Sector Development
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicPrivate Sector Development::Competitiveness and Competition Policy
okr.topicPrivate Sector Development::Business in Development
okr.unitVP
okr.unitProsperity (GGEVP)
relation.isAuthorOfPublication2e67c531-c715-5957-9736-c0da34b1ddb7
relation.isAuthorOfPublication.latestForDiscovery2e67c531-c715-5957-9736-c0da34b1ddb7
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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