This paper explores the effects of competition on risk-taking behavior and firm performance within the financial … industry. Exploiting this regulatory shock, we trace non-trivial linkages among industry competition, risk taking, and … performance. Greater competition followed the regulatory liberalization, leading to a significant increase in risk-taking behavior …

Whereas the EU's internal market rules govern market access and public intervention, its competition rules are … concerned with the market conduct of private parties. When do the competition rules apply to healthcare? In principle the scope … for application of the competition rules to the healthcare sector is largely defined by the Member States themselves. This …

This paper assesses what role product market competition and regulatory reforms may have played in the performance of … regulations inhibiting competition and barriers to trade amongst the lowest in the OECD. Nevertheless, there is scope for … improvement and the recent overhaul of competition legislation should help to further promote competition. Much progress has been …

This document (of 351 pages) contains the proceedings of a one-day roundtable on regulation and competition issues … member countries describing in detail the regulatory regime for broadcasting and some of the competition policy issues which … broadcasting, approaches to regulation of broadcasting and highlighting the features of the industry which give rise to competition …

controls for all customer types, driven by the belief that competition would reduce prices. As Ofgem explained at the time …: “competition is now well established, effectively protecting customers’ interests, and continuing to develop well.” In the last six … together with the Office for Fair Trading (OFT) and the Competition and Markets Authority (CMA) in preparing the ground for an …

In this article we chart the development of competition and deregulation of the British retail energy markets … quesiton of whether the control of pricing practices through the ex post provisions of the general competition law is …

European Community law has played a pivotal role in opening to competition economic sectors previously under the … competition. In this paper, we will focus on the first category of market failures, i.e. the bottlenecks that may prevent … competition in the postal sector. There are two regulatory instruments to impose remedies in network industries, sector …