Economic analysis of competition regulation is most developed in the domain of horizontal mergers, and modern agency …

industry for competition, efficiency, and public policy. As will become apparent, this area offers a number of intriguing …

Telecommunications regulation in the U.S. is replete with a system of subsidies and taxes. Because of budgetary … service to pay for the program. Using analytical methods from public finance, I calculate the efficiency cost to the economy …), or the efficiency loss to the economy for every $1 raised to pay for the Internet access discounts is an additional $1 …

This paper analyzes the impact of the Medicaid patient subsidy and Certificate of Need (CON) cost containment programs …

Since the passage of the Interstate Commerce Act (1897) and the Sherman Act (1890), regulation and antitrust have … operated as competing mechanisms to control competition. Regulation produced cross-subsidies and favors to special interests … antitrust and regulation. Antitrust and regulation can also be viewed as complements in which regulation and antitrust assign …

costs in less-competitive or regulated environments. We test this using a transition from cost-of-service regulation to …-owned plants, whose owners were largely insulated from these reforms, experienced the smallest efficiency gains, while investor …-term efficiency benefits from replacing regulated monopoly with a market-based industry structure …