Curtailing unfettered competition
- Reducing intensity of competition
Description
Curtailing unfettered competition involves implementing regulations, standards, or cooperative frameworks to prevent destructive market behaviors, such as monopolies, price wars, and resource depletion. This strategy aims to foster fair trading conditions, protect vulnerable participants, and ensure long-term economic stability. Practical actions include enforcing antitrust laws, setting industry guidelines, and promoting collaboration, thereby remedying market failures, reducing social inequalities, and safeguarding public interests against the negative impacts of unchecked competitive practices.
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Constrains
Facilitates
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Problem
Value
SDG
Metadata
Database
Global strategies
Type
(C) Cross-sectoral strategies
Subject
- Commerce » Conditions of trade
Content quality
Yet to rate
Language
English
1A4N
U3329
DOCID
13133290
D7NID
199816
Editing link
Official link
Last update
Dec 3, 2024