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Anti-Competitive Behaviour of State Monopolies from the Economics Approach with Reference to Vietnam’s State Monopolies

Author

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  • Long Tran Thang

    (Ho Chi Minh City University of Law, Vice Dean of Faculty of Legal Languages, Ho Chi Minh City, Viet Nam)

Abstract

This paper studies the theoretical underpinning of anti-competitive behaviour of state monopolies under different economics approaches and focuses particularly on the Structure–Conduct–Performance (SCP) paradigm. It argues that the market conduct of state monopolies is no different from that of other firms and market power serves as the motivation for anti-competitive behaviour of firms. The paper ends with a discussion about Vietnam’s state monopolies and how their anti-competitive behaviour is explained from the viewpoint of the economics approach.

Suggested Citation

  • Long Tran Thang, 2019. "Anti-Competitive Behaviour of State Monopolies from the Economics Approach with Reference to Vietnam’s State Monopolies," Asian Journal of Law and Economics, De Gruyter, vol. 10(1), pages 1-11, April.
    • Handle: RePEc:bpj:ajlecn:v:10:y:2019:i:1:p:11:n:4
    DOI: 10.1515/ajle-2018-0015
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    References listed on IDEAS

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    3. Edwards, Seanicaa & Allen, Albert J. & Shaik, Saleem, 2006. "Market Structure Conduct Performance (SCP) Hypothesis Revisited using Stochastic Frontier Efficiency Analysis," 2006 Annual meeting, July 23-26, Long Beach, CA 21350, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. David Sappington & J. Sidak, 2003. "Incentives for Anticompetitive Behavior by Public Enterprises," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 22(3), pages 183-206, May.
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