Antitrust law promotes competition in the service of economic efficiency. Government regulation may or may not promote … use the limits that regulation imposes on the normal competitive process to achieve anticompetitive ends. Doing so makes … the past decade have fundamentally altered the relationship between antitrust and regulation, placing antitrust law in a …

paper we have accentuated the importance of quality regulation, which is a rather neglected field in the theory of … mechanism and Shleifer's yardstick Regulation. Unfortunately, in practical applications of these simple mechanisms the regulated … regulator must be extremely well-informed if he wants to apply this sort of regulation: except for the actual realizations of a …