The dialogue on the ideas of the Social Market Economic system is likely one of the core matters of the European and international cooperation of the Konrad-Adenauer-Stiftung. When a market is observed in its functioning with respect to the type of competition that exists between suppliers in that market, the way in which varied suppliers behave, the style during which prices are mounted by the suppliers and how new suppliers enter or exit the market we observe some distinct forms of markets operating on the planet.

You will notice the differences in these market varieties stem from the variations in …

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