Evaluating impact on consumers' benefit from internationat market
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Scope
Does the option impact on consumers' ability to benefit from the internal market?[1]
Definition
The single market allows undertakings to compete on equal terms on the markets of all member states. This entails benefits to consumers on multiple grounds: on the one hand the common competition policy prevents consumers from bearing the cost of protecting non-profitable businesses through keeping prices artificially high in certain sectors; on the other hand the large single market enables undertakings, through economise of scale, to optimise their productive, administrative and marketing operations and accordingly to reduce costs. Under conditions of fair market competition, such cost reductions result in benefits accruing to consumers in terms of larger offer of products matching consumers' needs at lower prices.[1]
Result
Further information
EC related information:
Other information:
Indicators:
To the best of the IA TOOLS team's knowledge, there are no indicators in the Eurostat database or in any other authoritative publicly available databases that are directly related to this key question. Users are invited to contribute their own knowledge to this topic by contacting the IA TOOLS team.[1]
See also
References
This text is for information only and is not designed to interpret or replace any reference documents