Regulation of Dominant Market Position

Regulation of Dominant Market Position refers to rules that prevent companies with significant market power from unfairly harming competition. When a company is dominant, it can set prices or control conditions in ways that disadvantage consumers or smaller competitors. Competition policy aims to ensure a level playing field, promoting innovation, better prices, and choices for consumers. Regulators monitor and may intervene when a dominant company engages in practices like anti-competitive pricing, exclusive contracts, or other actions that could harm competition in the market. The goal is to maintain healthy competition for the benefit of everyone involved.