Control of Dominant Firms in the UK and EC

Abstract

Competition policy in the UK and European Community is concerned with the maintenance and promotion of competitive markets. However, many market sectors in the UK and EC exhibit high levels of supplier concentration and many are dominated by either a quasimonopoly supplier or a core of large oligopolistic firms. Examines UK and EC policy towards the control of dominant firms. The regulatory frameworks operating in the UK and EC are outlined and particular points of interest in the application of policy control are highlighted by reference to selected monopoly cases.

Citation

Pass, C. and Lowes, B. (1992), "Control of Dominant Firms in the UK and EC", Management Decision, Vol. 30 No. 7. https://doi.org/10.1108/00251749210019423