The thery f cntestable markets has shwn that the existence f ne r a limited number f firms in an industry des nt mean that there is n cmpetitin in that industry. If the indus-try is perfectly cntestable, ptential cmpetitin (the threat f entry) will ensure the desired welfare utcmes and it shuld nt be regulated. Thus, the mdel f perfect cntestability is a beter Standard fr cmpetitin plicies than the mdel f perfect cmpetitin. The thery f cntestable markets des nt intend t be a theretical argument against regulatin. Rather, its main cntributin is t prvide a guide fr regulatry and antitrust plicies. Regulatrs shuld implement plicies that prmte cntestability and given the imprtance f ptential entry, the terms in cmpetitin laws such as mnply pwer and dminant psitin shuld nt be equated with industry cncentratin.
Diğer ID | JA46AU96HZ |
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Bölüm | Makaleler |
Yazarlar | |
Yayımlanma Tarihi | 1 Aralık 2002 |
Yayımlandığı Sayı | Yıl 2002 Cilt: 4 Sayı: 3 |