Register Today for Courses in Cost of Service and Rate Design for Natural Gas Interstate Pipeline Companies (January 26th-27th)
Brown, Williams, Moorhead & Quinn, Inc.

The classic definition of market power is the ability to maintain high prices over an extended period without losing customers. Why a firm has that power may be dependent on several factors such as technological superiority, customer goodwill, financial depth to weather pricing wars, regulatory barriers, branding and promotion, or simply a lack of competitors. Market share is one indicator of possible market power, but the ability to engage in predatory pricing, product or service tying, and creation of overcapacity or other barriers to entry is a good sign that the markets are less than optimal. Brown Williams’ team of experts will evaluate the relevant markets to assist its clients in understanding the business environment they have on hand and help fashion a strategy to avoid, incorporate, or overcome market power problems.