Free Competition

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Date
2013-06
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Abstract
Free competition is the best mechanism to encourage the efficient allocation of resources in the market. This is due to the fact that, in order to earn consumers’ preference, suppliers lower their prices and improve the quality of their products. As a result, consumers have more and better options to choose from. For this reason, the defense of free competition is one of the most important public policies for the economic growth of a country.
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Keywords
Libre Competencia, Free competition, Consumidor, Consumer
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