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,企业和行业的经济绩效在很大程度上取决于市场可竞争性。
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,市场可竞争程度很低,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。
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,市场可竞争程度很低,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。
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