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Establishing consumers as equivalent players in competition policy
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posted on 2023-06-09, 00:17 authored by Kamala DawarCompetition is good for consumers. In markets where firms have to compete to persuade consumers to buy their products, consumer welfare is increased through greater choice and lower prices. In a competitive market, supply and demand determines the price and output of a good or service rather than the dominant behaviour of any one firm or the collusive behaviour of a group of firms.
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Publication status
- Published
Publisher
Edward ElgarPages
392.0Book title
Competition Policy.Competitive Advantage and Competition Policy in Developing Countries,Place of publication
Herndon, USAISBN
9781845426279Department affiliated with
- Law Publications
Full text available
- No
Peer reviewed?
- Yes
Editors
Paul Cook, Casey Lee, Raul FabellaLegacy Posted Date
2016-02-15Usage metrics
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