Market Power
Market power in Global Commerce Policy
In this regard, a definition of this issue is as follows: the fundamental assumption underlying antitrust laws. The entries on trade policy are here. It is based on the view that firms may have the ability to increase their prices without suffering a decrease in their sales. The entries on trade policy are here. Antitrust laws are aimed at ensuring the existence of price competition in the market. See also competition policy and market dominance.[1]
Market powerin the wold Encyclopedia
For an introductory overview on international trade policy, see this entry.
Resources
Notes and References
- Dictionary of Trade Policy, “Market power” entry (OAS)
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