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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 Dawar
Competition 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.

History

Publication status

  • Published

Publisher

Edward Elgar

Pages

392.0

Book title

Competition Policy.Competitive Advantage and Competition Policy in Developing Countries,

Place of publication

Herndon, USA

ISBN

9781845426279

Department affiliated with

  • Law Publications

Full text available

  • No

Peer reviewed?

  • Yes

Editors

Paul Cook, Casey Lee, Raul Fabella

Legacy Posted Date

2016-02-15

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