dominant firm
11European Community competition law — is one of the areas of authority of the European Union. Competition law, or antitrust as it is known in the United States, regulates the exercise of market power by large companies, governments or other economic entities. In the EU, it is an… …
12Oligopoly — An oligopoly is a market form in which a market or industry is dominated by a small number of sellers (oligopolists). The word is derived, by analogy with monopoly , from the Greek ὀλίγοι (oligoi) few + πόλειν (pólein) to sell . Because there are …
13Competition law — Antitrust redirects here. For the 2001 film, see Antitrust (film). For laws specific to the U.S., see United States antitrust law. Competition law Basic concepts …
14Tacit collusion — occurs when cartels are illegal or overt collusion is absent. Put another way, two firms agree to play a certain strategy without explicitly saying so . This is also known as price leadership, as firms may stay within the law but still tacitly… …
15Article 82 of the Treaty Establishing the European Community — is aimed at preventing undertakings who hold a dominant positionin a market from abusing that position. It provides that,(1) Any abuse by one or more undertakings of a dominant position within the common market or in a substantial part of it… …
16merger — /merr jeuhr/, n. 1. a statutory combination of two or more corporations by the transfer of the properties to one surviving corporation. 2. any combination of two or more business enterprises into a single enterprise. 3. an act or instance of… …
17Barriers to entry — Competition law Basic concepts History of competition law Monopoly Coercive monopoly Natural monopoly …
18Strategic management — is a field that deals with the major intended and emergent initiatives taken by general managers on behalf of owners, involving utilization of resources, to enhance the performance of firms in their external environments.[1] It entails specifying… …
19Essential facilities doctrine — The essential facilities doctrine (sometimes also referred to as the essential facility doctrine) is a legal doctrine which describes a particular type of claim of monopolization made under competition laws. In general, it refers to a type of… …
20Economic bubble — An economic bubble (sometimes referred to as a speculative bubble, a market bubble, a price bubble, a financial bubble, a speculative mania or a balloon) is trade in high volumes at prices that are considerably at variance with intrinsic values… …
