Cremer, Helmuth; Pestieau, Pierre - C.E.P.R. Discussion Papers - 2006
which the monopoly is regulated and one in which it maximizes profits and is not regulated, except that the public authority … private monopoly. The next level is the one chosen by the regulated monopoly. The lowest, that can be zero, is the level of … control chosen by the public authority when the good is sold (and priced) by a private monopoly. …
