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Competition Policies and Consumer Welfare - Corporate Strategies and Consumer Prices in Developing Countries (Hardcover)
Loot Price: R3,733
Discovery Miles 37 330
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Competition Policies and Consumer Welfare - Corporate Strategies and Consumer Prices in Developing Countries (Hardcover)
Expected to ship within 12 - 19 working days
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The fundamental goal of competition law is to support productivity
and innovativeness; in fact, the short-term effect of enforcement
actions is often a reduction in product prices. This comprehensive
book reports the findings of consumer market studies into a range
of goods and services in developing countries in Africa, Asia and
Latin America. These country case studies demonstrate the important
role that competition authorities can have in assessing the nature
of markets and making recommendations to policymakers to improve
them. When competition is weak or compromised, extra costs are
imposed on consumers. The authors investigate this issue for a wide
range of key markets serving consumers individually or
collectively, looking also at the hinterland of the distribution
chain behind retail sales. They find a pervasive lack of
competition in those markets, which not only softens the incentives
on firms to improve the efficiency of their operations and the
quality of their products, but also reduces the standard of living
of consumers, including poor and vulnerable groups. This book
concludes by noting the follow-up actions taken in each country in
response to the research recommendations. Graduate students of
economics, political science and law will find this book invaluable
for its practical case studies, and analysts will find much
interest in the nuanced analysis of markets, policy interventions
and reform options. Emminently practical, Competition Policies and
Consumer Welfare is an ideal resource for competition practitioners
and policymakers seeking to improve current competition regimes.
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