Establishing consumers as equivalent players in competition policy

Dawar, Kamala (2007) Establishing consumers as equivalent players in competition policy. In: Cook, Paul, Fabella, Raul and Lee, Casey (eds.) Competition Policy.Competitive Advantage and Competition Policy in Developing Countries,. Edward Elgar, Herndon, USA. ISBN 9781845426279

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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.

Item Type: Book Section
Schools and Departments: School of Law, Politics and Sociology > Law
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Depositing User: Kamala Dawar
Date Deposited: 15 Feb 2016 09:15
Last Modified: 15 Feb 2016 09:15
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