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This paper empirically examines the impact of entry by Wal-Mart on competition in the supermarket industry. Using a … margin, entry of new firms is essentially unaffected. Moreover, the stores most damaged by Wal-Mart's entry are the outlets …
Persistent link: https://www.econbiz.de/10009239962
Radio spectrum is a vital asset and resource for mobile network operators. With spectrum in the 800 and 900 MHz bands coverage can be provided with fewer base station sites compared to higher frequency bands like 2.1 and 2.6 GHz. With more spectrum, i.e. wider bandwidth, operators can offer...
Persistent link: https://www.econbiz.de/10009375042
The price-squeeze doctrine, and the discussion of up to what extent can a dominant firm discipline its rivals by means of pricing policies has lead to a wide divergence of antitrust enforcement and consequent liability rules across the Atlantic, and even between US' agencies – the Department...
Persistent link: https://www.econbiz.de/10013125809
Has the United States suffered a regulatory breakdown? The answer to this question might appear to be an obvious “yes.” Over the past several years, the nation has suffered not only a sustained economic downturn triggered by a cataclysmic financial crisis but also one of the worst...
Persistent link: https://www.econbiz.de/10013096820
Financial regulation is a much debated topic for some time. The history of financial instruments started at a time when people started giving value to physical objects over and above its inherent utility. Right from the very beginning of their existence, it has been acknowledged that financial...
Persistent link: https://www.econbiz.de/10012954603
The United States has long been a country of prohibitions, with the most memorable prohibition in American history being the ban on alcohol sales in 1920, which lasted until the ratification of the 21st Amendment to the U.S. Constitution. While the federal ban on alcohol has long since been...
Persistent link: https://www.econbiz.de/10012826059
Regulatory theorists have engaged in an interesting debate over the merits of “collaborative governance.” The term refers to those governance approaches in which regulators, industry and other stakeholders work together on drafting and enforcing rules. Proponents of collaborative governance...
Persistent link: https://www.econbiz.de/10013059074
What explains variation in the degree of regulation across US states and industries? We examine cross- sectional variation in state government regulation facing 81 3-digit North American Industry Classification System industries by matching novel data on regulatory restrictions at the...
Persistent link: https://www.econbiz.de/10013322488
Industries that have important network features have long been a concern of public policy in the United States. This paper provides a framework for analyzing network industries and reviews the regulatory and antitrust history of the policies that have been applied. The paper highlights the...
Persistent link: https://www.econbiz.de/10014193286
This paper will argue that it is imperative regulations on UAVs address cybersecurity and privacy issues in order to remain on the forefront of technology within the aviation industry. Although it may seem like it is more important to establish basic laws on UAS, legislators need to work...
Persistent link: https://www.econbiz.de/10014121508