Articles liés à Profits and Stability of Monopoly

Profits and Stability of Monopoly - Couverture rigide

Utton, M. A.

 
9780521325509: Profits and Stability of Monopoly
Couverture rigide
ISBN 10 : 0521325501 ISBN 13 : 9780521325509
Editeur : Cambridge University Press, 1986

Synopsis

This study focuses mainly on the shares of dominant firms in various markets in manufacturing industry. From the Monopolies and Mergers Commission reports of 1960–80 a number of hypotheses on the relationship between relative profit levels and market shares can be examined. Dominance is clearly shown to bring high profits, although in some markets smaller firms were the most profitable. The data can also be used to consider the long-term persistence of leading market shares. In theory it is usually predicted that the market leader's share will decline unless restored by merger, but facts often prove otherwise. The author's observations suggest that, despite slow decline since the Second World War and intensified competition, dominant firms retained their market leadership. The results of the study underline the need for vigorous competition policy with special emphasis on the control of horizontal mergers which dominant firms may otherwise use o recover a faltering market share.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

This study focuses mainly on the shares of dominant firms in various markets in manufacturing industry. From the Monopolies and Mergers Commission reports of 1960–80 a number of hypotheses on the relationship between relative profit levels and market shares can be examined. Dominance is clearly shown to bring high profits, although in some markets smaller firms were the most profitable. The data can also be used to consider the long-term persistence of leading market shares. In theory it is usually predicted that the market leader's share will decline unless restored by merger, but facts often prove otherwise. The author's observations suggest that, despite slow decline since the Second World War and intensified competition, dominant firms retained their market leadership. The results of the study underline the need for vigorous competition policy with special emphasis on the control of horizontal mergers which dominant firms may otherwise use o recover a faltering market share.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Cambridge University Press
Date d'édition
1986
Langue
anglais
ISBN 10 
0521325501
ISBN 13 
9780521325509
Reliure
Relié
Numéro d'édition
1
Nombre de pages
112
Coordonnées du fabricant
non disponible
Personne responsable
Avery
https://www.avery.fr/

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