Anti‐Competitive Market Distortions: A Typology
Shanker A. Singham and
U. Srinivasa Rangan
Economic Affairs, 2018, vol. 38, issue 3, 339-347
Abstract:
Market distortions are seen in almost every country. These distortions are created by policymakers. Sometimes they are a response to genuine market failures. More often, though, these distortions are meant to tilt the field of competition and they have strong anti‐competitive effects. In this article we create a typology of such anti‐competitive market distortions (ACMDs) and show how each of them has strongly negative consumer welfare implications.
Date: 2018
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