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costs in a so-called base year. Such regulation is employed, among others, to govern electricity distribution operators in …. A connected set of price caps exists so that a hybrid regulation consisting of any element in this set and the cost …
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Antitrust Law can be described as the set of legal rules that regulate the current or potential power of the companies on a certain market, on behalf of public interest. In practice, the Antitrust Law prohibits the execution of restrictive competition practices, the acquisition of a dominant...
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requiring a higher CSR level by regulation while preserving competition always gives higher within-market welfare. …
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"Policy makers around the world are increasingly worried about developments in some digital markets and in particular digital platforms which use business practices to obtain an advantage vis-à-vis competitors in vertically related activities (e.g., self-preferencing) or which use their...
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In many economic sectors - the digital industries being first and foremost - the market power of dominant firms has been steadily increasing and is rarely challenged by competitors. Existing competition laws and regulations have been unable to make markets more contestable. The book argues that...
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