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Competition Policy
Essay specific features
Written by:
Laura W
Date added:
October 21, 2014
Level:
University
Grade:
A
No of pages / words:
13 / 3424
Was viewed:
1668 times
Rating of current essay:
Essay content:
There is also a growing realization that mutually supportive trade and ‘competition policies’ can contribute to sound economic development, where effective competition policies would help to ensure that the benefits of liberalization and market-based reforms flow through to all citizens.
The majority of WTO Member countries (both developed and developing) already had competition laws, such as ‘antitrust’ or ‘anti-monopoly laws’...
displayed 300 characters
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Typically, these laws provide remedies to deal with a range of anti-competitive practices, such as price-fixing and other cartel arrangements, abuses of a dominant position or monopolization, mergers that limit competition, and agreements between suppliers and distributors (vertical agreements) that created barriers for new competitors to enter the market...
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