Predatory Foreclosure
Predatory Foreclosure:

Dominant firms can use various strategies to eliminate or deter competition, including unlawful price cuts or "predatory pricing". That strategy involves a willingness to absorb losses in the near term that are rational only because they lead to greater profit in the longer term, after com...

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Bibliographic Details
Format: Electronic Book Chapter
Language:English
Published: Paris OECD Publishing 2007
Subjects:
Governance
Online Access:DE-384
DE-473
DE-824
DE-29
DE-739
DE-355
DE-20
DE-1028
DE-1049
DE-521
DE-861
DE-898
DE-92
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Summary:Dominant firms can use various strategies to eliminate or deter competition, including unlawful price cuts or "predatory pricing". That strategy involves a willingness to absorb losses in the near term that are rational only because they lead to greater profit in the longer term, after competitors have been disciplined or eliminated. Despite differences in statutes across jurisdictions, the roundtable discussion held in October 2004 in the Competition Committee quickly revealed a virtually unanimous view that the purpose of competition laws is to protect and promote competition, not competitors. With respect to methods for detecting predatory prices, including price-cost tests, there was a greater diversity of views because different cost measures are appropriate in different situations. There was broad agreement among Members that investigations should include an examination of whether an alleged predator would likely be able to recoup its predatory losses, with a negative finding indicative of a low probability of harm to competition
Physical Description:1 Online-Ressource (89 Seiten) 16 x 23cm
DOI:10.1787/clp-v9-art3-en

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