El Monedero: por qué en algunas industrias no hay competencia y qué riesgos y retos trae esta situación
En buena parte de las industrias, la competencia es limitada, casi inexistente o funciona con fricciones importantes. Foto: iStock
TL;DR
- Competition can be lacking with few sellers or few buyers (monopsony).
- Natural monopolies, like water systems, are examples where competition is not viable due to high infrastructure duplication costs.
- State regulation is crucial for natural monopolies to prevent abuses.
- Market power of dominant firms and illegal cartels can reduce competition in other industries.
- Regulating imperfect markets requires careful consideration; direct price controls can be counterproductive.
- Excessive regulations can favor large firms over smaller ones.
- Mergers can potentially improve competition if the new entity challenges dominant players.
- Monopsony occurs when few buyers can impose low prices on sellers.