The Economics of Competition

The Race to Monopoly

Business & Finance, Economics, International, Finance & Investing, Finance
Cover of the book The Economics of Competition by George  G Djolov, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: George G Djolov ISBN: 9781317717881
Publisher: Taylor and Francis Publication: July 16, 2014
Imprint: Routledge Language: English
Author: George G Djolov
ISBN: 9781317717881
Publisher: Taylor and Francis
Publication: July 16, 2014
Imprint: Routledge
Language: English

A comprehensive examination of the ways competition and innovations level the playing field in the free market

The Economics of Competition uses the South African pharmaceutical industry as a case study to cogently challenge accepted economic and regulatory views on competition and monopoly, then re-establishes and emphasizes the importance of foundational economic principles. The book comprehensively explores the concept that monopoly is self-limiting within unrestricted competition, as well as the various market features of competition, innovation, and market power. This detailed examination broadens understanding of the economics of competition for both scholars and practitioners.

Competition is seen as a continuous process in a free market. The Economics of Competition thoughtfully explores the competitive process in its two mechanisms, the transfer of market share from one rival to another, and innovation of a new product, new method of production, new market opening, or new source of supply of raw materials. The dynamic nature of the marketplace is thoroughly examined from the author's inside view of the South African pharmaceutical industry. This provides a rare opportunity to closely examine an industry considered to be a monopoly while actively applying economic theories of competition and freedom of choice. The effects of public policy, legislation, and pricing regulations are discussed in detail. The book has several tables and figures to enhance clarity and is extensively referenced.

The Economics of Competition discusses:
* monopoly and rivalry in the free market
* theories of perfect competition
* innovation as a controlling variable
* pricing and price differentiation
* barriers to competition-including historical and contemporary legislative barriers
* horizontal mergers and acquisitions as a key aspect of market power
* and more!The Economics of Competition is insightful, thought-provoking reading for policymakers as well as anyone practising antitrust law, microeconomics, industrial economics, managerial economics, marketing strategy, theoretical public health, and students and educators of marketing and economics.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

A comprehensive examination of the ways competition and innovations level the playing field in the free market

The Economics of Competition uses the South African pharmaceutical industry as a case study to cogently challenge accepted economic and regulatory views on competition and monopoly, then re-establishes and emphasizes the importance of foundational economic principles. The book comprehensively explores the concept that monopoly is self-limiting within unrestricted competition, as well as the various market features of competition, innovation, and market power. This detailed examination broadens understanding of the economics of competition for both scholars and practitioners.

Competition is seen as a continuous process in a free market. The Economics of Competition thoughtfully explores the competitive process in its two mechanisms, the transfer of market share from one rival to another, and innovation of a new product, new method of production, new market opening, or new source of supply of raw materials. The dynamic nature of the marketplace is thoroughly examined from the author's inside view of the South African pharmaceutical industry. This provides a rare opportunity to closely examine an industry considered to be a monopoly while actively applying economic theories of competition and freedom of choice. The effects of public policy, legislation, and pricing regulations are discussed in detail. The book has several tables and figures to enhance clarity and is extensively referenced.

The Economics of Competition discusses:
* monopoly and rivalry in the free market
* theories of perfect competition
* innovation as a controlling variable
* pricing and price differentiation
* barriers to competition-including historical and contemporary legislative barriers
* horizontal mergers and acquisitions as a key aspect of market power
* and more!The Economics of Competition is insightful, thought-provoking reading for policymakers as well as anyone practising antitrust law, microeconomics, industrial economics, managerial economics, marketing strategy, theoretical public health, and students and educators of marketing and economics.

More books from Taylor and Francis

Cover of the book Chinese Economists on Economic Reform - Collected Works of Chen Xiwen by George  G Djolov
Cover of the book Online Social Networking on Campus by George  G Djolov
Cover of the book The Social and Political Thought of Noam Chomsky by George  G Djolov
Cover of the book Theoretical Foundations of Macroeconomic Policy by George  G Djolov
Cover of the book G Is for Growing by George  G Djolov
Cover of the book A Handbook of Children and Young People's Participation by George  G Djolov
Cover of the book Communication Research Methods in Postmodern Culture by George  G Djolov
Cover of the book Healing 9/11 by George  G Djolov
Cover of the book Pollination Services to Agriculture by George  G Djolov
Cover of the book An Analysis of Cartelized Market Structures for Nonrenewable Resources by George  G Djolov
Cover of the book Exploring Cognition: Damaged Brains and Neural Networks by George  G Djolov
Cover of the book Comparative Vandalism by George  G Djolov
Cover of the book Accountability in Human Resource Management by George  G Djolov
Cover of the book The Unity of Science by George  G Djolov
Cover of the book The Bank Merger Wave: The Economic Causes and Social Consequences of Financial Consolidation by George  G Djolov
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy