ARE EXCESSIVE PRICES REALLY SELF-CORRECTING?

Excessive pricing by a dominant firm is considered as one of the most blatant forms of abuse. Despite this, competition authorities frequently refrain from intervening against excessive prices. The non-interventionist approach is based, among others, on the premise that high prices encourage new ent...

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Bibliographic Details
Main Authors: Ezrachi, A, Gilo, D
Format: Journal article
Language:English
Published: 2009