Competition authorities and regulatory agencies sometimes impose pricing restrictions on firms with substantial market …-prices-to-shelteredconsumers” decreases prices in the sheltered segment, relaxes competition in the competitive segment, increases the rival’s profits, and … segment, lowers the rival’s profits, and augments the consumer surplus. In particular, while second-period competition is …

normative analysis, i.e. we evaluate alternative competition and innovation policies from a welfare perspective. Third, we … introduce a reliable way to measure competition in dynamic markets with nonlinear pricing. We illustrate the usefulness of our …

competitiveness. The suggestion received strong criticism from economists mainly driven by the idea that if opportunities for higher … competitiveness exist firms do not have to be triggered by an extra cost. Therefore, the trade-off for the government between …

How do banks react to increased interbank competition?Recent banking theory offers conflicting predictions about the … impact of competition on bank orientation í L H WKH choice of relationship based versus transactional banking í DQG EDQN … LQGXVWU\ specialization.We empirically investigate the impact of interbank competition on bank branch orientation and …

Abstract: This paper documents large cross-country variation in the relationship between bank competition and bank … in competition will have a larger impact on banks’ fragility in countries with stricter activity restrictions, lower …