contestability


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contestability

The ability to challenge or compete, specifically regarding a contract for goods or services in the UK. Contestability is integral to NHS policy, and central to ensuring fair competition within the market for NHS funded services.
References in periodicals archive ?
To analyse the use of contestability of the Australian wheat export market, we first need to understand the broad structure of the wheat supply chain, outlined in Figure 1.
In particular, to the best of our knowledge there is a lack of rigorous empirical analysis on contestability of content markets as well as theoretical investigations on the effect of access regulation vis-a-vis platform competition.
Provide and protect employees' right of contestability through an effective and rigorous compliance program.
On this issue, discussions on the impact of the P3 Alliance on the level of contestability in the supply of liner shipping capacity at major gateway container ports becomes highly topical.
In this case, a contestability differential was kept in place by keeping that very assumption away from the radar screen.
Therefore, essential contestability is not a part of emotivist moral theories which at first glance occupy a similar position.
If contestability of markets has nothing to do with the size of firms or the number of competitors, and focuses only on the freedom to entry, there seems to be no role left for the government to "support" competition.
A delicate balance needs to be struck where regulators foster contestability (to streamline requirements for bank licensing, speed up the licensing process, and implement efficient bank resolution) without jeopardising bank stability (that is, maintaining a licensing process that keeps out unfit bankers).
Constitutional Limitations and Contestability are Insufficient Controls.
HRC funds the highest quality research, using selection processes based on open contestability and peer review.
These insurers are in fact alluding, not to a waiting period, but to the fact that traditional life insurance has a two year contestability period.
Canada's banking efficiency, and hence economic productivity, would also benefit from greater contestability and a credible framework for winding down failed financial institutions.