Market Power and Foreign Trade: Implications for Competition Policy

Harry Bloch

Chapter 6 in Creating an Internationally Competitive Economy, 2001, pp 105-121 from Palgrave Macmillan

Abstract: Abstract Competition policy deals with the control of market power, and two approaches have been dominant. First, there have been policies designed to limit market structures that could lead to the exercise of market power, such as the restrictions on monopolization in the US Sherman Anti-Trust Act. Second, there have been policies designed to limit the abuse of market power, such as government controls on the prices set by public utilities and restrictions on certain anti-competitive business practices (for example, the prohibition of price discrimination).

Keywords: Market Power; Foreign Trade; Foreign Market; Price Discrimination; Competition Policy (search for similar items in EconPapers)
Date: 2001
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DOI: 10.1057/9780230557062_6

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