Recent work suggest that Cournot oligopolists competing in a spatial model, with uniform distribution of consumers, agglomerate at the center of the market. This paper analyzes the robustness of this result with a general symmetric distribution of consumers.

In many countries throughout the world, regulators are struggling to determine whether and how to introduce competition into regulated industries. This essay examines the complexities involved in the liberalization process. While stressing the importance of case-specific analyses, this essay...