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...