1.   At a time of large-scale privatization, one should be seeking to strengthen competition policy.

2.   Competition policy aims to offset Market failures arising from scale economies and Market power.

3.   Externalities requiring the regulation of safety and noise can be treated separately from competition policy.

4.   If the answer is entry barriers, this again demonstrates the close relation between industrial policy and competition policy.

5.   In previous chapters we have discussed tax incentives, competition policy, and industrial policy.

6.   It is that the appropriate design of policy and policy institutions is crucial to a successful competition policy.

7.   Our focus here is on the use of competition policy to achieve the same ends.

8.   There are at least three schools of thought about what competition policy is seeking to achieve.

9.   There are three ways in which competition policy might be used to promote the interests of domestic producers.

10.   There is no justification in economic analysis for giving different institutional treatment to different competition policy areas.