competition in this market. It is shown that this is not the case in some other retail markets, where entry by a third firm may … coverage exists. Moreover, it is found that a second entrant in this market strongly increases competition, while further entry … significantly affect competition. Finally, using the estimation results, it is show that the public policy, which consisted of …

at the retail level. A rapid price decline and a decline in revenues followed. Increased retail competition consequently … on the basis of a lack of competition. …