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Market Power Mitigation Strategy Consultation Paper1 August 2022An appropriate citation for this paper is: Market Power Mitigation StrategyEnergy Policy WA Level 1, 66 St Georges Terrace Perth WA
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How to fill out market power mitigation strategy

01
Identify sources of market power within the industry
02
Analyze the potential negative impacts of market power on competition
03
Develop strategies to mitigate the effects of market power
04
Implement the mitigation strategies and monitor their effectiveness over time

Who needs market power mitigation strategy?

01
Companies operating in industries with high levels of market power
02
Regulatory bodies responsible for ensuring fair competition in the marketplace
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A market power mitigation strategy is a plan implemented by entities in a market to prevent the exercise of market power, which can lead to unfair pricing or restricted supply.
Entities that have significant market power or operate in markets where they could potentially affect prices or supply are required to file a market power mitigation strategy.
To fill out a market power mitigation strategy, entities need to provide detailed information about their market operations, potential market power, and specific measures they will take to mitigate that power.
The purpose of a market power mitigation strategy is to ensure competitive market conditions, protect consumers from high prices, and promote fair access to market resources.
The information that must be reported includes the entity's market share, market influence, proposed mitigation measures, and a assessment of potential impacts on competition.
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