TITLE

INTÉGRATION INTERNATIONALE ET CONCURRENCE EFFECTIVE : QUELQUES APPORTS DE LA THÉORIE DE L'OLIGOPOLE

AUTHOR(S)
GAUSSENS, Olivier; LECOSTEY, Sophie; SIMON, Geoffray
PUB. DATE
December 2011
SOURCE
Actualité économique - Revue d'analyse économique;dec2011, Vol. 87 Issue 4, p481
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Market Integration and Competition : Some Insights from Oligopoly Theory. This paper provides a survey of some theoretical contributions devoted to the role that international market integration has on effective competition. The analytical framework of this literature encompasses oligopolistic competition and imperfect integration. Our main focus is on the strategic behavior of firms, meaning that their action goes beyond the simple adjustment in price or quantity. In this sense, this literature belongs to what is called "oligopoly trade theory". The selected contributions tend to conclude that, contrary to what simple intuition might suggest, an increased level of market integration does not necessarily imply a higher degree of competition. As a consequence, to achieve enhanced market competition, increased market integration should be complemented by an adjusted competition policy and an adapted industrial policy, which take into account the side effects of integration.
ACCESSION #
83719787

 

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