{"id":598,"date":"2015-05-10T12:01:55","date_gmt":"2015-05-10T12:01:55","guid":{"rendered":"http:\/\/competition.lawlegal.eu?p=598"},"modified":"2015-05-10T12:01:55","modified_gmt":"2015-05-10T12:01:55","slug":"potential-competition","status":"publish","type":"post","link":"https:\/\/competition.lawlegal.eu\/2015\/05\/10\/potential-competition\/","title":{"rendered":"Potential competition"},"content":{"rendered":"<h1>Potential competition<\/h1>\n<h2>Potential competition in the European Union Law<\/h2>\n<p>Concept of Potential competition provided by the &#8220;Glossary of terms used in EU competition policy&#8221; (Antitrust and control of concentrations, published in 2002): Pressure exercised upon incumbent firms by the possibility that new or existing firms will enter a specific market ( Potential competitor).<\/p>\n<p>New entrants may be attracted by above-normal profits made in this market by incumbent firms, possibly as a result of weak competition. Additional firms entering the market will increase the overall quantity supplied with the effect that prices fall and above-normal profits disappear. Thus, the possibility of market entry has a certain &#039;discipli-nary effect&#039; on the behaviour of incumbents. However, the threat of potential competition is relatively small when () entry barriers are high.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Potential competition in the European Union LawConcept of Potential competition provided by the &quot;Glossary of terms used in EU competition policy&quot; (Antitrust and control of concentrations, published in 2002): Pressure exercised upon incumbent firms by the possibility that new or [&#8230;]<\/p>\n","protected":false},"author":2390,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,151],"tags":[157],"_links":{"self":[{"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/posts\/598"}],"collection":[{"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/users\/2390"}],"replies":[{"embeddable":true,"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/comments?post=598"}],"version-history":[{"count":0,"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/posts\/598\/revisions"}],"wp:attachment":[{"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/media?parent=598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/categories?post=598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/tags?post=598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}