While the antitrust laws claim to serve the public interest, they are susceptible to the influence of special-interest groups as are any public policies. This paper extends the empirical literature regarding the special-interest theory of antitrust. The authors' additional empirical evidence...

This paper tests empirically the Ramsey version of the public-interest theory of regulation by examining the pricing practices in the nuclear power industry using a 1985 cross-sectional sample of forty electric utilities. Other researchers have avoided this segment of the industry because of the...