I study the effect of increasing competition on financial performance through labour leverage. To capture competition …

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 …

In this lecture I first give an explanation for invidious preferences based on the (evolutionary) competition for …