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The Assessment of Market Power

Nick Gardner

Chapter 4 in A Guide to United Kingdom and European Union Competition Policy, 2000, pp 61-74 from Palgrave Macmillan

Abstract: Abstract Market power is the crucial concept of competition policy because it determines its possessor’s ability to impose an economic loss1 on the community. It is the basis on which regulatory jurisdiction is defined and it has a strong influence upon regulatory practice.

Keywords: Market Share; Market Power; Competition Policy; Competition Authority; Relevant Market (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28623-8_4

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DOI: 10.1007/978-0-230-28623-8_4

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