suggest that the intended effects of quality regulation on price competition through increased (perceived) quality of generics …We study the effects of quality regulation on market outcomes by exploiting the staggered phase-in of bioequivalence … requirements for generic drugs in Chile. We estimate that the number of drugs in the market decreased by 25%, average paid prices …

suggest that the intended effects of quality regulation on price competition through increased (perceived) quality of generics …We study the effects of quality regulation on market outcomes by exploiting the staggered phase-in of bioequivalence … requirements for generic drugs in Chile. We estimate that the number of drugs in the market decreased by 25%, average paid prices …

Quality regulation attempts to ensure quality and to foster price competition by reducing vertical differentiation, but … bioequivalence requirements in Chile, we show that stronger quality regulation decreased the number of drugs in the market by 25 … effects of quality regulation on price competition through increased (perceived) quality of generics were overturned by …

) products to privately-informed consumers and compete with price schedules. I show that a basic price cap regulation, in which …