market regulation in reducing prices and increasing productivity performances, but minimize the role played by privatization …

indeed generally benefits consumers. Such regulation, however, feeds back into firms' strategies, resulting in lower levels … of price comparison in equilibrium. This effect may dominate so that the regulation lead to higher expected market prices. …

price reporting indeed widely benefits consumers. The regulation, however, feeds back into firms' strategies, resulting in … lower equilibrium levels of price comparison. This effect may dominate and the regulation may lead to higher expected market …