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competition policy

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competition policy

Government policy on competition in markets. Competition policy is usually aimed at increasing the level of competition in the market, for example by breaking up monopolies and making restrictive trade practices illegal.



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They propose more rigor and discernment when deciding intellectual property rights and aim to encourage openness in uses to promote the coordination, circulation, and sharing of intellectual property, while considering such topics as patents, biotech companies, open license systems, technology platforms, competition policy, university technology transfer officers, high court judges, copyright, and collective authorship.
For foreign investors the existence of a competition policy indicates some commitment by the government to ensure a level playing field among domestic and foreign investors, and adds transparency to the commercial environment.
This deal is bad for consumers, bad for jobs in Britain and a threat to competition policy.
 
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