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Market Governance as a Balance of Power

Dados Bibliográficos

ID2317536
AutoresSteven Vogel (0000-0002-8597-575X, University of California, Berkeley, autor correspondente), Steven K Vogel (University of California, Berkeley)
Ano2023
Volume51
Fascículo3
Páginas319-336
Data de publicação2023-09-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoLatin American Politics and Society (JOURNAL)
Identificadores do periódicoISSN: 1531-426X • E-ISSN: 1548-2456
EditoraSAGE Publications Inc (PUBLISHER)
DOI10.1177/00323292231183834
OpenAlexW4384695754
IdiomaEN
Citações recebidas3

This essay conceptualizes market governance as a balance of power and discusses the implications for current debates over antitrust policy. This framework offers a way to interpret and evaluate the 'neo-Brandeisian' school that views concentrated market power as a threat to democracy as well as to economic goals, such as productivity and innovation. It suggests that the government can deploy antitrust policy to alter the balance of power to promote the public welfare without necessarily impeding competition or otherwise distorting markets. And antitrust policies that constrain market power can have the double benefit of making both markets and politics more competitive

Balance (ability · Business · Competition (biology · Corporate governance · Democracy · Economic growth · Economic system · Economics · Government (linguistics · Industrial organization · Market economy · Market power · Monopoly · Political science · Politics · Power (physics · Productivity · Public economics · Public policy · Welfare · Economic Theory and Institutions · Finance · Law · Political Economy and Marxism

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Obras citantes distintas3
Citações por ano1,5
Intervalo de citações2024 - 2025 (2)
Velocidade de citaçãorecent
Altamente citadoNão
Tipos de citaçãoNeutras: 3
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