Here is the synopsis of our sample research paper on Competition and Concentration. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 3 page paper considers whether or not a market with a high level of firm concentration will have anti competitive characteristics. The concept of a dominant firm, market and the idea of concentration is considered and then the impact on the market structure and behavior is discussed. The bibliography cites 4 sources.
Page Count:
3 pages (~225 words per page)
File: TS14_TEcompconcen.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
Several important economic concepts need to be appreciated to understand how competition policy is formatted and why government will intervene to protect competition in the markets. Where a firm
holds a dominate position it is likely to be able to influence the market. Dominance refers to the relative position of a firm and how much of the market it
is able to control; how dominant it is. A dominant firm is one that has a relativity high level of control over a market, and is in an influential position.
The greater the market share or influence the greater the level of dominance (Nellis and Parker, 2006). Dominance is usually gained as a result of a high level of market
share and for a firm to be seen as dominant it must be able to control a significant level of the market. Typically a dominant firm is usually considered as
having a 40% or greater market share (OECD, 2002). The definition of a market can vary, but when considered in terms of competition it is the market for a
particular good or service made up of the firms that are all competing, This will also usually be broken down in terms if national or even regional barriers. Competition policies
and controls are also managed in the same way, on a national or regional basis. The way that a market is considered in terms of competition may be looked at
using the concept of concentration. This will usually be terms in the context of X number of firms having control of X% of an industry, in industries where there are
higher levels of concentration the control of the market rests in the hands of fewer competitors. Where there are high levels of concentration there is often anticompetitive behavior. For
...