markkinaväärinkäytösepisodit
Markkinavääristymä is a Finnish term that translates to "market distortion" in English. It refers to a situation where the natural forces of supply and demand in a market are disrupted or manipulated, leading to prices or resource allocation that do not reflect true economic efficiency. These distortions can arise from various sources, including government interventions, monopolies, externalities, or information asymmetry.
Government interventions, such as subsidies, price controls, or tariffs, can artificially alter market prices and quantities.
Monopolies, where a single entity controls the supply of a good or service, can restrict output and
Externalities, like pollution from a factory, represent costs or benefits that affect third parties not directly
Information asymmetry occurs when one party in a transaction has more or better information than the other.