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Books > Business & Economics > Business & management > Ownership & organization of enterprises
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Market Investigations - A New Competition Tool for Europe? (Hardcover)
Loot Price: R2,944
Discovery Miles 29 440
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Market Investigations - A New Competition Tool for Europe? (Hardcover)
Expected to ship within 10 - 15 working days
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In many economic sectors - the digital industries being first and
foremost - the market power of dominant firms has been steadily
increasing and is rarely challenged by competitors. Existing
competition laws and regulations have been unable to make markets
more contestable. The book argues that a new competition tool is
needed: market investigations. This tool allows authorities to
intervene in markets which do not function as they should, due to
market features such as network effects, scale economies, switching
costs, and behavioural biases. The book explains the role of market
investigations, assesses their use in the few jurisdictions where
they exist, and discusses how they should be designed. In so doing,
it provides an invaluable and timely instrument to both
practitioners and academics.
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