Griffith, Rachel (contributor); Harmgart, Heike (contributor) - 2005
only one store retailing milk. Planning regulation, say, has restricted the entry of new
grocery stores. In the second … to restrictive planning regulation, prices will provide a less good
picture.
The point here is that prices can be …
effect of regulation which conferred some market power on that firm. The value-added of this
firm will then be greater than …