Competition policy emerged in the United States in the late 19th century, when it became apparent that competition was prompting larger firms to try to lessen competitive pressures through the formation of cartels, with detrimental effects on smaller firms and consumers.
But lessening the competitive threat, many U.S. cinema operators have been burned by overexpansion in the U.S. in the past two years and are treading carefully lest they get burned a second time in Europe.
SIR —You erroneously argue that increased equality between teams lessens the competitive edge of the athletes.
One ray of light from the new government, according to Wilkins Kennedy, is the social responsibility bill announced in the Queens speech which may see a ban on selling alcohol below cost price and lessen the competitive pressure from supermarkets.
Note also the political consequence of this to the extent that big banks are competitive beneficiaries of Dodd-Frank, that fact will lead them to generally oppose reforms to the law (and its regulations) that lessen their competitive advantage, even if those reforms would increase efficiency in the market.
These sorts of moves don't lessen the competitive pricing edge that Chinese solar firms currently have.
There are practical steps that investors can take to avoid falling afoul of anticorruption statutes and to lessen the potential competitive disadvantage of abstaining from corrupt practices.
Among the types of behaviour it investigates are abuse of a dominant position involving anti-competitive practices that "substantially lessen competition in the market, or are likely to do so".
It is likely, however, that Mr. Obama will not have a competitive primary campaign this time, lessening the need to match the last campaign cycle.
The potential for competitive harm, however, does not answer the question most germane to antitrust policy: whether, and under what circumstances, common ownership actually will substantially lessen competition in a given market.
