Market definition and market power as tools for the assessment of competition

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

Competition is a global phenomenon aimed at creating and ensuring competitiveness in the marketplace. Competition law involves the promotion or maintenance of a competitive market. This paper aims to introduce the concepts of market definition and market power. The paper starts with an analysis of competition law by examining the way competition is interpreted in various jurisdictions. It then discusses how market is defined and the concept of market power and dominant position. This paper will not, however, focus on the abuse of dominant position and other prohibitions found in competition law. In the analysis, a comparison is made between the provisions found in the Malaysian Competition Act of 2010, the Malaysian Communications and Multimedia Act of 1998, the Treaty for the Functioning of the European Union (TFEU) and the Australian Competition and Consumer Act of 2010.

Original languageEnglish
Pages (from-to)163-182
Number of pages20
JournalInternational Journal of Business and Society
Volume13
Issue number2
Publication statusPublished - 2012

Fingerprint

Competition law
Market power
Market definition
Jurisdiction
Treaties
Competitiveness
Competitive market
Prohibition
Multimedia
Abuse
European Union
Functioning
Communication

Keywords

  • Competition law
  • Dominant position
  • Market definition
  • Market power
  • Relevant market

ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance
  • Strategy and Management
  • Business and International Management

Cite this

Market definition and market power as tools for the assessment of competition. / Mohd. Hussein, Safinaz; Abdul Manap, Nazura; Mohd Nor, Mahmud Zuhdi.

In: International Journal of Business and Society, Vol. 13, No. 2, 2012, p. 163-182.

Research output: Contribution to journalArticle

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