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enforcement of existing laws.This testimony provides insights on three important questions concerning the state of competition in …
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The United States federal government preempted anti-competitive state and municipal telegraph regulations when the 1866 Post Roads Act was enacted. The act granted a de facto national franchise to build and operate a telegraph system anywhere in the United States to any telegraph company...
Persistent link: https://www.econbiz.de/10012937765
We incorporate arguments from the Tiebout model into the regulatory competition equilibrium and study cross …
Persistent link: https://www.econbiz.de/10012856571
We examine empirically cross-fertilization in the productivity growth of banks between a state and its neighboring and non-neighboring states before (1971-1977) and during (1982-1995) the interstate multibank holding company (IMBHC) deregulations, upon which, cross-border bank M&As, mainly among...
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Economic theory states that “free market” competition naturally achieves lower prices—thereby increasing efficiency and …
Persistent link: https://www.econbiz.de/10013322254
policies, a number of challenges remain. Although there are few sectors of the economy from which competition policy and law … competition enforcement. Intellectual property rights create special challenges for competition policy and some problems have … setbacks, reflecting both the difficulties in ensuring competition in such industries and policy mistakes. …
Persistent link: https://www.econbiz.de/10012444089
countries is long overdue: the treatment of public policies that suppress competition. Whereas the European Union (“EU”) and … to enact laws that restrain competition. Further, individual groups are largely free to lobby for laws designed to erect … available to both public and private enforcers of the U.S. antitrust laws to challenge state-imposed restraints on competition …
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