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Effective competition is a concept first proposed by John Maurice Clark, then under the name of workable competition,: 592 as a "workable" alternative to the economic theory of perfect competition, since perfect competition is seldom observed in the real world.
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effective competition may concept workable alternative economic literature george jesse markham many consensus used structural competitive public policy result antitrust
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Effective competition | is a | concept first proposed by John Maurice Clark | 0.90 | text |
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