strategy
Regulating restrictive business practices
Synonyms:
Increasing effectiveness of regulation of restrictive business practices Implementation:
The European Union EU and its member states have a developed monopoly, merger and restrictive practice legislation although, it is less well-developed to handle restrictive practices of multi-nationals whose significance grows with globalisation. The economic welfare effects of monopolistic and other restrictive practices are likely to be more uneven in the competitive state and, therefore, increase social inequalities. The economic efficiency losses are likely to be reflected in resource wastage (i.e. negative environmental impact). Narrower:
Restricting anti-competitive practicesImproving regulation of restrictive business practices in service industries Problems:
Ineffective monitoring of restrictive business practices due to inadequate regulationIneffective regulation of restrictive business practices
Subjects:
Commerce → Business enterprisesSocietal Problems → Restrictions
Law → Regulation
Cybernetics → Cybernetics
Type Classification:
G: Very Specific strategies Related UN Sustainable Development Goals:
