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Regulations of product markets serve legitimate objectives but, when ill-designed, can impose unnecessary restrictions … on competition, and therefore on business dynamism, productivity and ultimately well-being. A recent update of the OECD …. Regulatory reform can improve consumer welfare by boosting competition and thus lowering prices of key goods and services, which …
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competition. They may also impose transaction and administrative costs related to permitting and licensing. If stringent …
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review and rating systems reduce information asymmetries between consumers and service providers, enhancing competition … that the contestability of platform markets should be promoted. …
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