In this article we chart the development of competition and deregulation of the British retail energy markets, explaining the evolution of competitive constraints when consumers are introduced to supplier choice for the first time. In the context of rising real energy prices for consumers, and...

This study provides a powerful demonstration of the real world impact of increased competition. By presenting six market case studies drawn from a variety of sectors it gives evidence of the type and magnitude of the benefits following market interventions to develop competition and free up the...

Within a one-shot, duopoly game, we show that firms cannot use false in-store price comparisons to deter rational consumers from further beneficial price search in an effort to create market power. However, by introducing a consumer protection authority that monitors price comparisons, we...