Making Sense of Competition Policy

With the constant spotlight on the GATT talks, the pending Single European market and numerous other overseas markets looking to trade internationally, competition policies are having an unprecedented impact on businesses everywhere. This addition to the "Cranfield Management Research" series, explains the economic concepts underlying competition policies and describes and analyzes current practice in the UK, the European Community and the USA and Canada. Whilst avoiding the fine detail of specific policies and legislation, the author deals with the broader and more pertinent issues of policy and practice, such as: restrictive agreements and collusion; abuse of monopoly power; mergers and acquisitions; and political influence. The practical application of policies are brought alive through case studies.