Fair competition subcategory

Bruna Pereira de Souza

Chapter 76 in Elgar Encyclopedia of Life Cycle Sustainability Assessment, 2026, pp 285-287 from Edward Elgar Publishing

Abstract: Fair competition in markets is founded on equal rules and ethical principles, preventing harmful practices to economic competitors and consumers. It intends to balance market regulations, to reduce manipulation strategies, and to avoid unfair prices. However, unregulated competition can foster practices such as corruption, cartels, and predatory pricing. In Social Life Cycle Assessment (S-LCA), fair competition is a subcategory within the stakeholder value chain actors. Potential impacts to these actors may be measured by some indicators that reflect, for example, anti-competitive strategies and the presence of policies in companies to prevent anti-competitive behaviors. The ISO 26000:2010 on Social Responsibility emphasizes the importance of fair operating practices, encouraging organizations to adhere to competition laws and engage in transparent and accountable behavior. In research, fairness considerations in supply chain systems show effects on efficiency and profitability, highlighting the influence of coordination mechanisms like revenue-sharing contracts. It can promote fairness and collaboration among stakeholders.

Keywords: Fair competition; Social life cycle assessment; Social responsibility; ISO 26000:2010; Coordination processes (search for similar items in EconPapers)
Date: 2026
ISBN: 9781035309887
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