Abstract

ORNELAS, Raúl. Towards a Political Economy of Competition: Transnational Companies. Prob. Des [online]. 2017, vol.48, n.189, pp.9-32. ISSN 0301-7036.

This paper strikes up a dialogue among three approaches to parsing competition between companies; it also examines the role in competition played by institutions, economies, and the societies involved. These interpretations provide the building blocks to enrich the political economy of competition, predicated on the exercise of power entailed by the actions companies take, in particular, the large corporations that shape the contemporary world.

Keywords : Economic competition; transnational companies; global value chains; transaction costs; business theory.