-local firms. They therefore mostly buy locally, limiting firms' potential market size (and competition). We explore this …

role of an active market for corporate control and of competition in banking integration. European listed banks … profitability appears to converge to a common level. There is weak evidence that competition eliminates high profits for these banks …, and high profit banks see their profits driven down quickly …

degree of competition in a market with the share of nonprofits: the availability of economic profits under for-profit status … profit-deviating preferences from the state-defined regulatory status of nonprofit production. We argue that this separation … is crucial in providing predictions about the underlying forces which allow the coexistence of nonprofit and for-profit …

of market structure on quality of health care. The paper then moves on to consider competition in health insurance …

The impact of insurer competition on welfare, negotiated provider prices, and premiums in the U.S. private health care … industry is theoretically ambiguous. Reduced competition may increase the premiums charged by insurers and their payments made …

implications of these changes for the nature and consequences of competition in health care markets. In this paper, we summarize … industry for competition, efficiency, and public policy. As will become apparent, this area offers a number of intriguing …