• According to the theory of contestable market, performance of firms or industries is affected to a large extent by the markets' contestability.

    根据可竞争市场理论企业行业经济绩效很大程度上取决于市场竞争性

    youdao

  • On the contrary, if there are high barriers to entry and low contestability, incumbents will always abuse their market power and incur some kinds of efficiency losses.

    如果市场进入壁垒很高,市场可竞争程度很在位厂商可以免受竞争的压力,因而往往滥用市场势力造成种种效率损失

    youdao

  • On the contrary, if there are high barriers to entry and low contestability, incumbents will always abuse their market power and incur some kinds of efficiency losses.

    如果市场进入壁垒很高,市场可竞争程度很在位厂商可以免受竞争的压力,因而往往滥用市场势力造成种种效率损失

    youdao

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