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 …

) product variant is underprovided. A model, integrating entry into a perfectly competitive, vertically differentiated industry …