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Anti-competitive behaviour

Anti-competitive behaviour Definition

Anti-competitive practices are business practices that prevent and/or reduce competition in a market.

Anti-competitive practices include:

  • dumping, where products are sold into a market at a low price which renders competition impossible, in order to wipe out competitors
  • barriers to entry (to an industry) designed to avoid the competition that new entrants would bring
  • price fixing, where companies collude to set prices, effectively dismantling the free market
  • tying, where different products are linked together to prevent consumer choice
  • resale price maintenance, where resellers are not allowed to set prices independently
  • absorption of a competitor or competing technology, where the powerful firm effectively co-opts or swallows its competitor rather than see it either compete directly or be absorbed by another firm

It is usually difficult to practice anti-competitive practices unless the parties involved have significant market power.

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