The failed Potash takeover - Fraser Institute

unilateral application of the effects doctrine,
and through increased transparency, states
can take some steps to protect themselves.
However, what is really required to end export
cartels is coordinated action, and coordination
will require political will. Until there is more
political will for a coordinated effort to end
export cartels, situations like the blocked
takeover of PotashCorp by BHP will continue to
reduce global welfare.
References
American Bar Association (1991, September 1). Special
Committee on International Antitrust Report: 84.
Becker, F (2007). The Case of Export Cartel Exemptions:
Between Competition and Protectionism. Journal of
Competition Law & Economics 97:116.
Cartelization: Professor’s Critique of Hostile Bid Triggers
Discussion of Export Cartels. 99 Antitrust and Trade
Regulation Report (BNA), No. 2467: 340 (2010).
Clarke, J., and S. Evenett (2003). A Multilateral Framework
for Competition Policy? In S. Evenett (ed.), The Singapore
Issues and the World Trading System: The Road
to Cancun and Beyond.