We study the regulation of a utility firm which is active in a competitive unregulated sector as well. If the firm … and quantity competition) and also optimal regulation. Accounting for the several effects of regulation on the unregulated … market, we show the existence of an informational externality, in that regulation provides useful information to the rival …

government regulation may reduce transaction costs, intensifying the competition associated with a given market structure, and we … regional price regulation and the share of votes received by the Communist Party. …