Excessive Pricing

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Excessive Pricing categorizes a situation where a dominant undertaking, often a legal monopolist, is able to reap supra-competitive profits, not being sufficiently challenged by normal forces of competition. The supra-competitive profits are thought to produce deadweight losses and allocative in-efficiencies as well as harm to consumers in form of undue wealth transfer.
OriginalsprogEngelsk
TitelEncyclopedia of Law and Economics
RedaktørerAlain Marciano, Giovanni Battista Ramello
UdgivelsesstedNew York, NY
ForlagSpringer New York
Publikationsdato2021
ISBN (Trykt)9781461478836
DOI
StatusUdgivet - 2021

ID: 281990891