Contestable Markets

Contestable market

Incumbents

The theory of contestable markets

What are the assumptions of a contestable market?

Sunk Costs

Hit and Run entry

Assumptions of contestable markets?

Contestable market theory

Effective?

Benefits of contestable markets

Drawbacks of contestable market theory

Drawbacks of contestable market theory?

Drawbacks of contestable market theory?

How can markets be made more contestable?

What affects the contestability of markets?

Reality of contestable markets?

Can barriers to entry be removed?

Innocent entry barriers

Strategic entry barriers