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SMPSymmetric Multiprocessing
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SMPStatutory Maternity Pay
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SMPSubstantial Market Power
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SMPSystèmes Midi-Pyrénées (French electronics company)
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SMPSociété de Mécanique de Précision (French: Precision Mechanics Company; est. 1981)
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SMPScottish Member of Parliament (UK)
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SMPSociété Moules de Précision (French: Precision Mold Company)
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SMPSystem Mechanical Performance
SMPStandard Methods and Procedures
SMPSystems Monitoring Panel
SMPSantares Music People, Inc.
SMPSpecial Manufacturing Procedure
SMPSubject Matter Proficiency
SMPSécurité, Maintenance Installation et Protection Incendie (French: Safety, Installation and Maintenance Fire Protection)
SMPSummit Media Partners
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References in periodicals archive ?
Given the harm that can be caused by monopoly power, some eminent antitrust scholars and policymakers have argued that it is best to prevent firms from possessing substantial market power. (48) That is, dominance itself should be prohibited.
It was held that the applicant did not have substantial market power because it faced competition from numerous other game manufacturers.
Legislation will also introduce a new license regime for airports with substantial market power, backed by financial penalties to bring the industry in line with other economic regulators.
They enjoy substantial market power yet the current railroad regulatory system regards them as incapable of both making needed capital investments and remaining healthy.
The estimates and counterfactual experiments using the estimated model yield the following results: first, there is no evidence that firms in the primary market have substantial market power in this industry; second, the counterfactual experiment shows that inflationary and deflationary expectations about production-cost trends have asymmetric effects on the market power of condominium producers: the increase in their markup when cost inflation is anticipated is significantly higher than the decrease in the markup when the same magnitude of cost deflation is anticipated.
Wolak presents the post-Enron-collapse vision that the problems of California were aggravated by the substantial market power possessed and utilized by the independent power producers that had purchased the California fossil-fuel plants of the leading California electric companies.
Once the market power question is decided (assuming that it is determined that the firm does possess substantial market power), the Australian courts would then need to examine conduct to decide if the alleged exclusionary conduct constituted a "use" of market power.
Clearly, it is challenging for hospitals that are not fortunate enough to have substantial market power to also have considerable leverage in their negotiations, but they should not be deterred from attempting to negotiate for high-cost products.
When a seller has substantial market power because there are only a few suppliers and they don't sell perfect substitutes for each others' products, as is the case in the pharmaceutical industry, individual buyers are likely to end up paying a higher price than they would in a perfectly competitive market.
This combination would have given TotalFina/Elf substantial market power which neither the demand side (supermarkets or major end customers) nor competitors in the refining industry could have challenged.Imports.TotalFina was forced to surrender its controlling position in most French import depots, most notably those which supply the major pipeline systems which cover the country: the two largest depots in the Seine valley will become independent, including France's largest depot, at Le Havre, controlled by Elf.
In their concluding comments, Hazlett and Spitzer arrive at the result that "unregulated cable monopoly works better for consumers than regulated monopoly even in the face of anticompetitive barriers (yielding substantial market power) and during relatively brief adjustment periods" (p.