Competition and Antitrust Law: A Very Short Introduction draws on case studies from across the EU and USA to examine the benefits of competition and the laws which safeguard competitive ...
MoreCompetition and Antitrust Law: A Very Short Introduction draws on case studies from across the EU and USA to examine the benefits of competition and the laws which safeguard competitive markets. Competitive markets deliver lower prices, better quality, abundance of choice, and increased innovation. But while competition benefits consumers, it can prove challenging for sellers and producers who may try to dampen the competitive process. This VSI elucidates the key challenges to competition — cartels and anti-competitive agreements, monopolies, and mergers — and looks at the policy considerations which affect competition law enforcement. There exists a delicate relationship between a free market economy and government intervention.
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