Competition is an intriguing and worrisome concept, sometimes perceived as a healthy emulation and sometimes as a form of Darwinism. Economic analysis provides a useful and rigorous guide to overcoming these oversimplified views by showing that competition is a mechanism for eliminating unjustified rents. This book presents the two main economic visions of competition (competition as a state versus as a process), but also its microeconomic and macroeconomic effects (notably on productivity and employment), the obstacles to its effectiveness, and the policies for opening up and regulating competition.
- | Author: Emmanuel Combe
- | Publisher: Institute Of Competition Law
- | Publication Date: Sep 20, 2023
- | Number of Pages: 186 pages
- | Language: English
- | Binding: Paperback
- | ISBN-10: 1939007356
- | ISBN-13: 9781939007353