This paper is an event study analysis of alternative theories on the motives behind the cluster of merger following the passage of the Telecommunications Act of 1996. The evidence that mergers after telecommunications deregulation generate positive announcement abnormal returns to the...

Several countries and regions have liberalized air transport markets, spearheaded by the US Deregulation Act of 1978, and later, air transport liberalization in the European Union. The historic and political drivers and expectations associated with liberalization are examined and how the...

Relatively liberal economic and political institutions emerged earlier in America than appreciated by most social scientists. They did not emerge in one great leap forward, but through a gradual process of experimentation, yardstick competition, and constitutional bargaining during the...

With the liberalisation of the European electricity market, new instruments are searched for in order to co-ordinate climate change initiatives with competition. This paper analyses the potential of a system of green electricity certificates to regulate the introduction of renewable energy...

This book investigates the recent rise of the market-oriented value chain approach in development policy with a focus on the agro-export sector in the Global South. The research project aims at unveiling the political, social and cultural processes around the circulation of market rationales at...

The entity called Nigeria, has for over 50 years of its existence been a developing country or put another way a third world country. In a bid to break this barrier its laws have to be formulated in way that will post-date growth in the society. The new legislation, the Petroleum Industry Bill...

How do international institutions affect political liberalization in member states? Motivated by an examination of the World Bank loans program, we argue that institutions can confer prestige in exchange for political reforms. When offered an opportunity to improve their...

The aim of the article is to explore whether the greater market orientation imposed on the Filipino business has brought about also a transformation of business networks based on personal relationships into more contractual and transparent agreements. The article presents a case study of social...

This paper argues that neoliberalism’s global restructuring of electricity sectors has failed to deliver its proclaimed objectives and spawned threats to economic growth, financial market stability, environmental degradation and society’s well-being. Using the case study of Australia, the...

The existing restraints in the liberal professions field have been the subject of analysis and intervention of competition authority for years. Characterized by specific forms of professional practice from offices, chambers, individually or associated in professional civil companies,...