In this paper, I study the political rationale for labor market regulation. Oligopolists employ raw labor and human … less competition from outside. Then, the fall of income due to wage increases is reduced and labor market regulation …

infrastructure providers increases. After some years these providers are often confronted with stricter state regulation that impacts … their freedom of action and reduces their profitability. Providers often experience such stricter regulation as an … unexpected risk that could not have been prevented. This book casts a different light on state regulation. In a first step, it …