Launching and stimulating competition in telecommunications markets is an important policy goal. It contains two … elements: to encourage entry and to make competition effective such that consumers benefit. The first one requires that … difficult to achieve at the same time. In this paper, we consider price regulation in the retail and wholesale market and answer …

In the context of supply function competition with private information, we test in the laboratory whether - as …

implications of the analysis for regulation and competition policy are derived. It is found that optimal regulation may depend on … the intensity of competition. -- antitrust ; regulation ; crisis ; risk-taking ; mergers ; state aid ; bail-outs … competition and stability in banking. There are two basic channels through which competition may increase instability: by …

competition model with entry in which exchanges supply technological services, and have market power. We find that technological … services can be strategic substitutes or complements in platform competition. Free entry of platforms delivers a superior … outcome in terms of liquidity and (generally) welfare compared to the case of an unregulated monopoly. Controlling entry or …