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Topic: Business
Number of pages / Number of words: 3 / 833
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(Countrywatch.com, 2003) Because privatization and regulatory agencies are relatively new this can be a barrier for entry.

There is a lack of competition policies within Mercosur countries. The harmonization of competition policies has been on the agenda of the Southern Common Market (Mercosur) project since the signing of the Asuncion Treaty in March 1991...


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According to its first article, that treaty involves "the coordination of macroeconomic and sectoral policies between the States Parties in the areas of foreign trade, agriculture, industry, fiscal and monetary matters, foreign exchange and capital, services, customs, transport and communications and any other areas that may be agreed upon, in order to ensure proper competition between the States Parties (Countrywatch, 2003) The lack of competition is a barrier for entry because companies are forced to pay higher prices and taxes...


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