Concentrating market power
Description
Concentrating market power involves strategically consolidating control over a market or sector by acquiring competitors, merging operations, or forming alliances. The essential action is to increase influence over pricing, supply, and market access, thereby remedying inefficiencies, reducing competition, and achieving economies of scale. This strategy is often used to stabilize markets, improve resource allocation, and enhance bargaining power, but requires careful regulation to prevent monopolistic abuses and protect consumer interests.
Broader
Narrower
Constrained by
Facilitates
Facilitated by
Problem
Value
SDG
Metadata
Database
Global strategies
Type
(D) Detailed strategies
Subject
Content quality
Yet to rate
Language
English
1A4N
U3835
DOCID
13138350
D7NID
198296
Editing link
Official link
Last update
Dec 3, 2024