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The study of competition and competitiveness has recently seen a great deal of expansion and development. This timely survey reviews the most important developments in policy and practice. It illustrates the complexity of competitive behaviour in the real world and provides a framework for understanding the different notions of competition.Special attention is given to key areas including:competition as a process versus competition as a state of affairsthe behaviour of firms and organization of competitionnew forms of competition and competition policiesThe Process of Competition will be essential reading for researchers, practitioners and policymakers concerned with competition policy, industrial economics and strategic management.
Edited by Jackie Krafft, Research Professor in Economics, University of Nice Sophia Antipolis and CNRS-GREDEG, France
Contents: 1. Introduction 2. Competition and the Market Process: Some Doctrinal Milestones 3. Economic Organization in a Process Perspective 4. Competition as a Process: Insights from the Marshallian Perspective 5. Innovation Choice and Competition Process 6. Strategy Research and the Market Process Perspective 7. Competition and Industrial Coordination 8. Merger Control Law in the European Union Index
'This book provides valuable and interesting insights into the dynamics of competition from a variety of different perspectives. It can be read with profit by anyone who is interested in the working of markets, competition and the modern theory of the firm.'