The use of traditional industry-level profitability indicators for assessing the state of competition is problematic … for two reasons. First, short-term variation reflects business cycles more than it does the impact of competition policy …. Second, rough industry-level indicators hide different mechanisms that are dependent on competition but may affect …

The use of traditional industry-level profitability indicators for assessing the state of competition is problematic … for two reasons. First, short-term variation reflects business cycles more than it does the impact of competition policy …. Second, rough industry-level indicators hide different mechanisms that are dependent on competition but may affect …

China took place unprecedented modernization of institutional structure in agriculture as legislation and regulation …

English Abstract: The water supply companies in Bulgaria are commercial entities and their activity is under regulation … supervise some aspects of them and the Commission for Energy and Water Regulation controls the price of water supply. In this …