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Book Cover
E-book
Author Symeonidis, George

Title The effects of competition : cartel policy and the evolution of strategy and structure in British industry / George Symeonidis
Published Cambridge, Mass. : MIT Press, ©2002

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Description 1 online resource (x, 542 pages) : illustrations
Contents 1. An Introductory Overview -- 2. Cartel Policy and the Evolution of Competition in British Industry -- 3. The Competition Data -- 4. Price Competition and the Evolution of Concentration in Exogenous Sunk Cost Industries -- 5. Price Competition, Advertising, and Market Structure in Advertising-Intensive Industries -- 6. Price Competition, Innovation, and Market Structure in R & D-Intensive Industries -- 7. Price Competition and Profitability: Are Cartel Laws Bad for Business? -- App. A.A Survey of Collusive Agreements in British Manufacturing Industries
Summary "Using data from before and after the 1956 Act, this book compares the two groups of industries to determine the effect of price competition on concentration, firm and plant numbers, profitability, advertising intensity, and innovation. The book avoids two problems common to empirical studies of competition: how to measure the intensity of competition and how to unravel the links between competition and other variables. Because the change in the intensity of competition had an external cause, there is no need to measure the intensity of competition directly, and it is possible to identify one-way causal effects when estimating the impact of competition." "The book also examines issues such as which industries collusion is more likely to occur in: the effects of cartels and cartel laws on market structure and profitability: the links between competition, advertising, and innovation: and the constraints on the exercise of merger and antitrust policies."--Jacket
Analysis ECONOMICS/Industrial Organization
ECONOMICS/Political Economy
Bibliography Includes bibliographical references (pages 511-521) and index
Notes Print version record
Subject Corporations -- Great Britain -- History -- 20th century
Cartels -- Great Britain -- History -- 20th century
Strategic alliances (Business) -- Great Britain -- History -- 20th century
Competition -- Great Britain -- History -- 20th century
Big business -- Great Britain -- History -- 20th century
Industrial policy -- Great Britain -- History -- 20th century
Prices -- Great Britain -- History -- 20th century
Costs, Industrial -- Great Britain -- History -- 20th century
BUSINESS & ECONOMICS -- Industries -- General.
Big business
Cartels
Competition
Corporations
Costs, Industrial
Industrial policy
Prices
Strategic alliances (Business)
Industriepolitiek.
Kartels.
Concurrentie.
Samenwerkingsvormen (bedrijfseconomie)
Great Britain
Verenigd Koninkrijk van Groot-Brittannië en Noord-Ierland.
Genre/Form History
Form Electronic book
ISBN 9780262284639
0262284634
0585436754
9780585436753