Competition, Competition Policy and the GATT

Entrepreneurial Innovations , Competition and Competition Policy

We construct a model where an entrepreneur could innovate for entry or for sale. It is shown that increased product market competition tends to increase the relative profitability of innovation for sale. Increased competition reduces entrants’ and acquirers’ profits in a similar fashion, but also reduces the profit of non-acquirers. Therefore, incumbents’ valuations of innovations are less nega...

Competition, Competition Policy, Competitiveness, Globalisation and Development

This paper explores the relationship between globalization, competition, competition policy and competitiveness. It is important to note that although these notions are related, they are conceptually different. This paper contributes by providing a theoretical framework for the main issues which arise in the modern discussion of competition and competition policies in economic development. It a...

Competition law, competition policy, and deregulation

Nykvist, from an anonymous referee and from the editors of this journal.

Advocacy and Competition Policy

The Role of Consumers in Competition and Competition Policy

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 t...