Competition policy concerns investigating firms with monopoly power and collusive practices in an oligopolistic market and mergers. It also targets high prices due to high fixed costs.

Question

Quizplus · Accepted Answer

Competition policy primarily focuses on preventing anti-competitive practices like monopolies and collusion, but it does not specifically target high prices due to high fixed costs, as these can be a result of legitimate business operations.

Competition Policy Concerns Investigating Firms with Monopoly Power and Collusive