The Role of Consumers in Competition and Competition Policy

Michael Waterson

No 269377, Economic Research Papers from University of Warwick - Department of Economics

Abstract: This paper develops the idea that consumers’ behaviour matters significantly from the viewpoint of industry performance. This is examined through some theoretical propositions, but then at greater length by means of some case study examples. These examples demonstrate how, even in potentially competitive industries, reluctance on the part of consumers to search or to switch suppliers can lead to a sub-competitive outcome. The significance of non-traditional competition policy remedies in changing the outcome is drawn out.

Keywords: Agricultural and Food Policy; Consumer/Household Economics (search for similar items in EconPapers)
Pages: 26
Date: 2001-07-07
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: The role of consumers in competition and competition policy (2003)
Working Paper: The role of consumers in competition and competition policy (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uwarer:269377

DOI: 10.22004/ag.econ.269377

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