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Persistent link: https://www.econbiz.de/10005835335
We show that a market access requirement (MAR) can increase competition and reduces prices if a properly designed subsidy scheme is used to enforce the requirement. This is in contrast to most of the recent literature which has generally concluded that MARs are unambiguously anticompetitive. Our...
Persistent link: https://www.econbiz.de/10005478739