FRAMEWORK FOR COMPETITION EVALUATION AT THE MICROECONOMIC LEVEL

Silvia Elena Isachi
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Silvia Elena Isachi: “Victor Slăvescu” Centre for Financial and Monetary Research, Romanian Academy, Bucharest, Romania

Journal of Financial and Monetary Economics, 2017, vol. 4, issue 1, 266-274

Abstract: Fair competition on the market is essential for the economic and social development and to alleviate poverty. However, the anticompetitive practices and the policies are common and they decrease the possibilities of innovation and economic growth. The governments of the developing countries must identify and locate the anticompetitive arrangements and practices, both in the public and in the private spheres. The framework is intended as a flexible instrument of diagnosis, with sets of questions grouped by themes, being perceived as a convenient and easily used introduction to the manner in which this task can be approached. These measures must analyse the state of competition in each selected sector: identification of markets and competitors, examination of market structure, aspects related to the barriers to the entry on the market, aspects regarding the anticompetitive factors considering the legitimate interests and the main beneficiaries, as well as the governmental policies of identification or the institutions which limit competition.

Keywords: microeconomics; competition; evaluation framework (search for similar items in EconPapers)
JEL-codes: D20 D25 (search for similar items in EconPapers)
Date: 2017
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