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's Competition Advocacy Program applauds the DOJ for acknowledging the limitations of price regulation and the unintended … regulate competition: (1) the social costs of price regulation in a market economy, (2) the problematic history of price … regulation and its consequences, and (3) examples of modern price regulation and the role of antitrust …
Persistent link: https://www.econbiz.de/10012917691
monopoly. It is, therefore, misguided to adopt ex-ante fixed regulation on digital platforms as a whole, as now envisaged by … enforcement on e-commerce giants. Meanwhile, exploitative abuse (or superior-bargaining-position) regulation has attracted … increasing attention, in order to protect suppliers from abuse by e-commerce giants. This regulation needs exacting application …
Persistent link: https://www.econbiz.de/10013295423
We quantify firms' regulatory compliance costs from 2002 to 2014 in terms of their labor spending to adhere to government rules. Detailed establishment-level occupation data, in combination with occupation-specific task information, allow us to recover the share of an establishment's wage bill...
Persistent link: https://www.econbiz.de/10014255956
In this Article we focus upon an area in which greater convergence of U.S. policy with the practice of many foreign countries is long overdue: the treatment of public policies that suppress competition. Whereas the European Union (“EU”) and numerous other jurisdictions have taken strong...
Persistent link: https://www.econbiz.de/10014039873
Under what conditions does cost-of-service regulation lead firms to distort costs? This paper analyzes changes in fuel …-level legislation that ended cost-of-service regulation among investor-owned electric utilities in the late 1990s. I construct a … under cost-of-service regulation. I then show that the drop in the price of coal is associated with a reallocation of …
Persistent link: https://www.econbiz.de/10014153006
Although the allocative efficiency benefits of competition are a tenet of microeconomic theory, the relation between …
Persistent link: https://www.econbiz.de/10014028681
Persistent link: https://www.econbiz.de/10003569203
challenges not only huge investment in grid expansion and smart grid technologies is required, but also the network regulation … period, X-factor, and allowed rate of return. We conclude that in the era of smart grids, incentive regulation requires a … and smart grid technologies. To do so, incentive regulation should be supplemented by more innovative, investment …
Persistent link: https://www.econbiz.de/10012195755
Persistent link: https://www.econbiz.de/10001425785