This article deals with the issue of entry into an industry where firms share a collective reputation. First, we show … that free entry is not socially optimal; there is a need for regulation through the imposition of a minimum quality … wisdom, a minimum quality standard should not always be considered as a barrier to entry. …

evidence. Without offsetting tax increases the legislation will plausibly reduce prices but significant entry into the industry …

clauses limit the incentives to face-to-face competition and determine segmentation and monopoly pricing even when entry of … new competitors occurs. The development of wholesale trade, instead, may induce generalized entry and retail competition …

in a process of branch proliferation and industry concentration, but it also set in motion a pre-entry selection … mechanism. Conversely, before completion of the regulatory reform, in 1989, entry was possible even for very small firms, and …

entry into markets, there is little empirical evidence that incumbent firms effectively behave in this way. Bagwell and …

Many states allow existing retail vehicle dealerships to challenge the entry of new competitors. Earlier studies found … work was also conducted prior to the development of Internet shopping. This study tests the impact of state entry … restrictions using a new data set that addresses these issues. Regression analysis finds that states having entry restrictions on …