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Competition as a Dynamic Process
47
Citations
0
References
1962
Year
Effective CompetitionGame TheoryLawAntitrustUnfair CompetitionIndustrial OrganizationAntitrust PolicyDynamic ProcessMonopolistic CompetitionPerfect CompetitionAntitrust EnforcementActual Dynamic ProcessCompetition IssueEconomicsStrategyStrategic ManagementCompetition EconomicsMarketingAbuse Of DominanceCompetition PolicyBusinessCompetitor AnalysisBusiness StrategyDynamic Competition
What is effective competition? Is it an abstract ideal concept, or an actual dynamic process which grows or wanes as a result of marketing and policy decisions made by businessmen and their firms? Here, in a penetrating review of a significant new book, J. M. Clark's “Competition as a Dynamic Process,” the thought is advanced that business practice, not antitrust laws or court decisions, is the real force which defines genuine competition and its—and the public interest's—old enemy, monopoly.