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competition policy is likely to face more challenges as large companies are becoming more common in more and more industries …
Persistent link: https://www.econbiz.de/10013293852
We consider the regulation of national firms in a common market. Regulators can influence the production of national … that supranational competition can have very different consequences on the rent seeking behaviour of firms, depending on …
Persistent link: https://www.econbiz.de/10010264297
We test for the distributional effects of regulation and entry in the mobile telecommunications sector in a highly … mobile termination rate regulation. We find that regulation benefits consumers significantly more than entry does, and that …
Persistent link: https://www.econbiz.de/10012866874
short run dynamics, thereby retaining information for the long run. Using France as our example, we demonstrate that this …
Persistent link: https://www.econbiz.de/10013316608
implications of the analysis for regulation and competition policy are derived. It is found that optimal regulation may depend on … competition and stability in banking. There are two basic channels through which competition may increase instability: by … incentives to take risk and raise failure probabilities. The competition-stability trade-off is characterized and the …
Persistent link: https://www.econbiz.de/10010270643
. Second, a TV channel might find it optimal to commit to not raising advertising revenue. Third, regulation of the advertising …
Persistent link: https://www.econbiz.de/10010283590
Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds. If generation costs between the two countries are too similar negative business-stealing outweighs efficiency gains so that following integration welfare decreases in both...
Persistent link: https://www.econbiz.de/10010283608
Services form an increasing proportion of the inputs used in manufacturing. We explore empirically whether competition …-data for services, we calculate proxies for competition in services, and then use Input-Output matrices to link services to … manufacturing sectors. we find that there is a positive and significant relation between the extent of competition and firms …
Persistent link: https://www.econbiz.de/10010266094
at the case of France. We build a simple model that incorporates the main features of the system, such as the uniform … situation in France we find that the 'stylized facts? of the system correspond to our results. Additionally, the policies …
Persistent link: https://www.econbiz.de/10010276887
short run dynamics, thereby retaining information for the long run. Using France as our example, we demonstrate that this …
Persistent link: https://www.econbiz.de/10010276604