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Understanding competition policy : a suggested framework

Author

Listed:
  • Erlinda M. Medalla

    (Philippine Institute for Development Studies)

Abstract

This paper defines the elements that comprise a competitive setting and clarifies the objectives of competition policy. The role and primary task of competition policy are emphasized. A framework for competition policy and the basic elements to implement it are spelled out. The major areas of competition policy are also identified and current competition policies in selected countries are briefly surveyed. The concluding section addresses some of the issues that confront competition policy.

Suggested Citation

  • Erlinda M. Medalla, 2003. "Understanding competition policy : a suggested framework," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 40(1), pages 1-26, June.
  • Handle: RePEc:phs:prejrn:v:40:y:2003:i:1:p:1-26
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    File URL: http://pre.econ.upd.edu.ph/index.php/pre/article/view/13/577
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    More about this item

    Keywords

    Competition policy; deregulation; anti-trust policy;

    JEL classification:

    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
    • L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation

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