Regulatory economics has become increasingly important over the last quarter of a century, in part as a result of the wave of privatization, starting in the UK, which made the regulation of monopoly of much greater interest. The discipline has also become more rigorous, increasingly employing...

Competition policy aims to prevent anticompetitive agreements and mergers, limiting the abusive exercise of market power. The formulation and application of this policy presents significant challenges, which include showing that proposed mergers are anticompetitive, proving that firms are...

Recommended readings (Machine generated): 1. David Conn (1978), 'Economic Theory and Comparative Economic Systems: A Partial Literature Survey', Journal of Comparative Economics, 2(4), December, 355-81 2. Avner Ben-Ner, John Michael Montias and Egon Neuberger (1993), 'Basic Issues in...