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The Assessment of Market Power

In: A Guide to United Kingdom and European Union Competition Policy

Author

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  • Nick Gardner

Abstract

Market power is the crucial concept of competition policy because it determines its possessor’s ability to impose an economic loss1 on the community. It is the basis on which regulatory jurisdiction is defined and it has a strong influence upon regulatory practice.

Suggested Citation

  • Nick Gardner, 2000. "The Assessment of Market Power," Palgrave Macmillan Books, in: A Guide to United Kingdom and European Union Competition Policy, edition 0, chapter 4, pages 61-74, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-28623-8_4
    DOI: 10.1007/978-0-230-28623-8_4
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