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We examine the effects of public ownership and regulatory agency independence on regulatory outcomes in EU telecommunications. We present evidence of political influence over regulatory outcomes, and demonstrate the importance of regulatory independence in ensuring unbiased regulatory policy....
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belief that privatization would increase economic efficiency. There are now many studies showing most privatizations achieved … this goal. Our theme is that the productivity gains from privatization are much more general and widespread than has … typically been recognized in this literature. In assessing the productivity gains from privatization, the literature has only …
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