Nev. Admin. Code § 704.7931 - "Effective competition" defined

"Effective competition" means, with respect to a particular service, a market structure and a process under which an individual seller is not able to influence significantly the price of the service as a result of:

1. The number of sellers of the service;

2. The size of each seller's share of the market;

3. The ability of the sellers to enter or exit the market; and

4. The price and availability of comparable substitutes for the service.

Notes

Nev. Admin. Code § 704.7931

Added to NAC by Pub. Utilities Comm'n by R101-98, eff. 9-2-98

NRS 703.025, 704.210, 704.997, 704.998