Competition policy is a regulatory framework of legal and administrative measures designed to prevent anti-competitive business conduct and promote competition among firms in order to enhance market efficiency and economic welfare.
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Markets and Hierarchies: Analysis and Antitrust Implications.
D. O’Brien, Oliver E. Williamson · The Economic Journal · 1976 · 13.8K citations
Industrial Market Structure and Economic Performance.
H. Michael Mann, F. M. Scherer · The Journal of Finance · 1971 · 6.4K citations
Michael Mussa, Sherwin Rosen · Journal of Economic Theory · 1978 · 3.4K citations
The Pricing of Audit Services: Theory and Evidence
Dan A. Simunic · Journal of Accounting Research · 1980 · 2.9K citations
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National Bureau of Economic Research
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Centre for Economic Policy Research
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158 publications
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University of California, Berkeley
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157 publications
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Stanford University
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New York University
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Yale University
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Massachusetts Institute of Technology
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See also Competition Policy | |
|---|---|
Core Instruments | Abuse Of Dominance Merger Control Antitrust Investigations Administrative Enforcement Of Cartels Vertical Merger Simulation Remedies In Merger Cases Administrative Fines |
Regulated Conduct | Abuse Of Dominance Predatory Pricing Excessive Pricing Abusive Exclusion Abusive Exploitation Contingent Sales Mergers |
Assessment Criteria | |
Policy Objectives | Consumer Welfare Market Integration Fairness Perceptions In Pricing Production Cost Efficiency Innovation Promotion Social Welfare Policy |
Enforcement Bodies | Consumer Protection Administrative Enforcement Appellate Jurisdiction Competition Law |