... significant theories. Consequently, I will briefly describe what is presently happening to these markets. Like so, I would like to emphasize my conviction that internal labour markets are of course, mainly, a consequence of deliberate strategic choices, encouraged by efficiency reasons, but also that initially they were largely affected by a number of other factors such as, trade union power, although this point needs clarification, government policies and the social-political-economic background. MARKET SEGMENTATION Theories on labour market segmentation can be traced back to the contributions of a group of economists, who have criticised the traditional (classical and neoclassical), interpretation of how markets work, highlighting its gaps. According to traditional approaches, when markets are competitive, the "law of one price" is valid, which states that, in equilibrium, the same goods and services must have the same price. The Neoclassical theory is limited by the narrowness of its hypothesis, which does not allow the theory ...

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