The rescue package may not have an entirely beneficial effect on competition, however.
It would be easy to see the acquisition of Sprint as just another mammoth deal, with little effect on competition.
But then the state utility commission set rates for the three utilities below the wholesale market price, in effect killing competition.
"Following detailed consideration of the proposal, the government's strongly held view is that a takeover of Aer Lingus by Ryanair would have a significant detrimental effect on competition, connectivity and employment in the Irish market, " the minister said.
That is the effect of competition.
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Humvee is the closest thing the modern Army and Marine Corps have to the venerable jeep, and thus JLTV is in effect the competition to build a next-generation jeep despite all the bells and whistles that would make the new vehicle unrecognizable to the G.
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It may be, as some supporters of the motion contend, that international competition will have the general effect of forcing universities to raise their standards.
As deregulation takes effect, this competition will increase.
High tariffs on powdered milk (227%) and butter (464%) in effect block out foreign competition.
My view is that any attempts to specify how competition will work instead have the effect of retarding it.
For those who wander the city streets, though, the main effect of the stiffening competition will be more of the smartest bus shelters in history.
If this price competition has the long-run effect of containing higher ed costs in the UK, then, on balance, that will likely be a good thing.
The report also suggests that Mr Byatt could use the Competition Act, which comes into effect next March, to force water companies to sell unused rights to extract water.
The competition for new hires has another side effect: increased due diligence on candidates.
In effect, part of domestic competition policy has been subsumed into world trade rules.
Gates strategy had its intended effect--it blunted the competition and paved the way for the eventual runaway success of Windows 3.0.
And third, it began to tackle the domestic subsidies which, in effect, protect farmers against foreign competition in much the same way as tariffs.
Barring major technological developments, though, nuclear power will continue to be a creature of politics not economics, with any growth a function of political will or a side-effect of protecting electrical utilities from open competition.
And if Scotland becomes more self-contained as an economy (the way, for instance, that the Scottish government urges food shoppers to buy local) there could be a hindering effect on growth and innovation resulting from reduced competition and variety.
Hannah Marshall, studying an MA in Media at Southampton Solent University, is the winner of the 2010 World Press Freedom Day Student Journalism Competition for her article on how new media can positively effect the UK election and the democratic process as a whole.
In return, the states, in effect, were protecting the big tobacco companies from competition.
The effect combined with downward pressure on margins due to competition has resulted in a significant downfall of 13% in the gross margins this quarter.
Indeed, some research on the effects of the limited amount of competition recently allowed show that we do indeed see exactly the predicted effect.
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This environment could lead both to protectionism and to ruthless competition for exports to third-country markets, regardless of the effect on proliferation or international stability.
He said there had been "grade inflation", fuelled by competition between exam boards to attract schools to their qualification, in effect that they had been making their exams easier.
For America, Europe and elsewhere the effect will be meagre: weaker markets for some exports, tougher competition from some now-cheaper Asian imports.
Because the competition has concentrated on risk selection, it has not had the desired bracing effect on medical providers, so health spending has kept on growing.
Le Page used arm-locks to great effect winning five out of his six fights with them in the knockout competition and won the final in under ten seconds.
However the effect will likely be offset by the subsequent rise in promotion costs due to fierce competition in teen apparel industry.
Such investment, in a region that has seen few mergers or acquisitions, may speed up the third effect of Asia's turmoil: the rapid rise of mobile telephones, where there is now more competition than in the fixed-line service.
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