Originalsprog | Engelsk |
---|---|
Titel | Encyclopedia of Law and Economics |
Redaktører | Alain Marciano, Giovanni Battista Ramello |
Udgivelsessted | New York, NY |
Forlag | Springer New York |
Publikationsdato | 2021 |
ISBN (Trykt) | 9781461478836 |
DOI | |
Status | Udgivet - 2021 |
Excessive Pricing
Publikation: Bidrag til bog/antologi/rapport › Encyclopædiartikel › Forskning › fagfællebedømt
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.
ID: 281990891