Please use this identifier to cite or link to this item:
https://www.um.edu.mt/library/oar/handle/123456789/41968| Title: | Basic principles of economics for competition law |
| Authors: | Briguglio, Lino |
| Keywords: | Microeconomics -- Case studies Antitrust law -- Cases Markets -- Case studies |
| Issue Date: | 2013-01-30 |
| Publisher: | University of Malta |
| Citation: | Briguglio L. (2013). Basic principles of economics for competition law. |
| Abstract: | The perfect competition model is associated with maximum consumer welfare. As new firms enter the market, supply will increase and prices will go down to a point where all supernormal profits of firms (i.e. mark-up over all production costs) are eliminated. Firms at this point will be forced to produce at the lowest cost possible. |
| Description: | Professor Briguglio was invited to address University staff and post-graduate students, government officials and the business community at a seminar on "Economics of Competition Law" at the University of the South Pacific on 30th January 2013. |
| URI: | https://www.um.edu.mt/library/oar//handle/123456789/41968 |
| Appears in Collections: | Scholarly Works - InsSSI |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Basic_principles_of_economics_for_competition_law.pdf | 429.52 kB | Adobe PDF | View/Open |
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