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Risk of Competition in Crisis Conditions

Author

Listed:
  • Marcela-Cornelia DANU

    (University of Bacau, Romania)

Abstract

For many types of risk affecting the economic existence of firms, risk of competition is among the most important, both in terms of the gravity and intensity and the spread in space and time. In the context of the global economic crisis, - economical, financial, social, image problems etc. encountered by the economic entities are responded through the engage of the companies in the competitive game using various strategic alternatives. The competitive game involves: understanding the nature of the competitive strategy, the demarcation of their playing field, the competition analysis and the competitive decision commitment. Implicit, the new conditions created field of manifestation of the anticompetitive behavior on the various world markets, increasing the inherent role of the decision makers in the competition policy.

Suggested Citation

  • Marcela-Cornelia DANU, 2009. "Risk of Competition in Crisis Conditions," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 139-146.
    • Handle: RePEc:ddj:fseeai:y:2009:i:2:p:139-146
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    File URL: http://www.ann.ugal.ro/eco/Doc2009_2/Danu.pdf
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    More about this item

    Keywords

    economic crisis; risk of competition; competitive game; anticompetitive behavior;
    All these keywords.

    JEL classification:

    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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