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, closeness to government, cross-subsidisation, information monopoly) favouring only modest and gradual change or by emergent and … competition and a persistent quasi-monopoly, is no easy matter. The process of de-monopolisation can be seen as the result of … managing markets and the limitations on and problems with self-organisation in regulation. Competition is a spontaneous process …
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industry. Of particular interest is the differential impact of economic regulation on the development of fringe competition in … local telephone markets. Empirical results reveal that local telephone markets with price-cap regulation have witnessed less … imply that the widespread adoption of price-cap regulation by state public utility commissions has contributed to the slow …
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mechanism of this coordination is valuable for economic thinking and economic theory. However, the implications of the perfect … distinguishable types. This contribution explains absolute market power (single-firm monopoly and dominance), collective market power … original economic theory of contestability defines very strict conditions for perfectly contestable markets, antitrust has …
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