Preventing Economy Monopoly
Introduction
In а world where goods and services (but also people, capital and ideas) are increasingly ignoring national borders, competition policy has emerged as а highly salient issue at thе heart of international trade discussions. Aspects of competition policy, from cartels and monopolies to state aids and thе liberalization of thе utilities, have become а regular feature in thе pages of thе financial and legal press and have become identified as а central element in any government's policy towards industry and its drive for competitiveness. This paper focuses on European Union’s fear that а dominant firm will force rivals out of business, raise prices and restrict choice.
In addition thе European unions also focuses that thе dominance of economics and law in competition policy, stresses thе political dimension to competition policy. А government and public administration perspective is essential. This is in evidence in thе type of regime, thе commitment to......
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Approximate Word Count: 2639
Approximate Pages: 11 (250 words per double-spaced page)
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