The Multiple Objectives of Competition Policy: Accounting for Various Factors and Their Effects (notice n° 576821)
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| fixed length control field | 01982cam a2200241 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121134600.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Huveneers, Christian |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | The Multiple Objectives of Competition Policy: Accounting for Various Factors and Their Effects |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2008.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 39 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | This paper provides an overview of the multiple objectives assigned to competition policy in the current political debate, which is concerned with safeguarding the single market in the midst of a wave of “economic patriotism,” stabilizing general price levels amidst renewed inflationary pressures, and stimulating both structural competitiveness (the quality of goods and services) and dynamic efficiency (innovation). The paper starts by discussing this multiple objective approach by reminding readers that competition policy aims primarily at achieving workable competition for the sake of consumer welfare. It surveys empirical results reported in the literature, supporting the conclusion that increased competition, specifically in networked industries, lowers price levels once and for all. However, the literature also shows that a higher degree of competition increases price flexibility both downward and upward, making anti-inflationary policies more difficult to implement. Therefore, competition policy is not primarily designed to curb inflation in the short or medium term. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | antitrust policy |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | regulation and industrial policy |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | industrial organization and macroeconomics |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | allocative efficiency |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | innovation |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Market structure and pricing |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | regulated industries |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Reflets et perspectives de la vie économique | Volume XLVII | 1 | 2008-06-04 | p. 9-37 | 0034-2971 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-reflets-et-perspectives-de-la-vie-economique-2008-1-page-9?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-reflets-et-perspectives-de-la-vie-economique-2008-1-page-9?lang=en&redirect-ssocas=7080</a> |
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