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at the retail level. A rapid price decline and a decline in revenues followed. Increased retail competition eventually … be justified on the basis of a lack of competition. …
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This paper empirically assesses the impact of the intensity of competition on investment in new technologies within the …-U relationship between competition intensity and investment. The intermediate level of competition intensity that maximizes … investment stands at 62 percent, whereby competition intensity is measured by 1-Lerner index at the firm level. This means that …
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Regulatory authorities, governing markets and industries around the world, aim to develop a fair and equivalent competitive market with low entry and exit barriers that provide customers with sufficient knowledge and information to enable them to switch between products, services and suppliers...
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