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'Effective competition is an economic asset that should be protected.' M. Porter.  

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Remember: 'Effective competition is an economic asset that should be protected.' M. Porter, 199? Competitive Advantage of Nation The effects on businesses of the 1998 Competition Act. Preface. Over the past two years - if you are to believe our newspapers - Britain has acquired a new reputation in Europe. It is not for the size of our economy, or our low rate of inflation / unemployment, nor for that matter, any other economic success. No, we are best known for customer rip-offs: for what countries might call profiteering / over-pricing. Hitting the consumer with the highest prices, charging till it hurts. You may have read allegations in newspapers that British consumers pay some of the highest prices in the world for new cars, petrol, supermarket groceries, mobile phones, subscription television, branded medicines, and a seemingly endless list of other goods and services. It isn't wise to believe everything we read in the newspapers, but...

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