Question

the four main functions of competition authorities​

Answer 1

Explanation:

Foundations of Regulation. Utility Market Reforms. Market Structure and Competition. Monopoly and Market Power. Financial Analysis. Information in the Regulatory Process. Price Level Regulation. Tariff Design. Quality, Social, Environmental Issues. Regulatory Process. Fragile or Conflict-Affected Countries.

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Answer 2

Answer:

The competition authority is generally concerned with all sectors

It has four main functions,

• To remedy anti-competitive conduct, such as collusion and to control the ability of the incumbent to restrict competition;
• To ensure that industry mergers do not significantly decrease competition: in the electricity sector for instance, mergers and acquisitions may seek to reaggregate functions of electricity supply industry, such as generation and distribution, that reform has sought to disaggregate in order to promote competition.
• An active merger control policy may be the only effective remedy against market power in a number of situations.
• To protect consumers from anti-competitive practices.

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