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The Impact of Cartels on National Economy and Competitiveness - A Lithuanian Case Study (Hardcover, 2015 ed.)
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The Impact of Cartels on National Economy and Competitiveness - A Lithuanian Case Study (Hardcover, 2015 ed.)
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The book presents theoretical and empirical research on the
integrated assessment of cartels' effects on national economies.
The empirical analysis is based on three cases in Lithuania, a
country chosen because it corresponds to the features of a small
economy with a developing culture of competition. An integrated
assessment of a cartel's impact by measuring the net economic
effect created by its operations on the market is extremely
important at the scale of national economies. If a cartel's true
impact is not identified and evaluated, it is impossible to make
important strategic decisions, for the whole economy instead of
individual affected parties and to establish an optimum baseline
for mitigating the harm done to the economy. Thus, an integrated
cartel impact assessment can help to more proactively combat cartel
agreements on the market and improve the economic welfare of the
respective country.
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