What is a good balance between competition and coordination in network industries? Network unbundling aims to promote … competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be … coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …

Regulation and competition policy are two alternative modalities by which the state intervenes in the market. In order … varieties of market failures and identify those for which regulation is best address (cooperation failures such as The Fishing … those where competition policy works better (market power-based failures such as an artificial monopoly or cartel). We also …

informational problems. We show that, as a consequence of this trade-off, more intense competition in unregulated segments of the … can lead to a softer merger policy when competition is weaker. …

competition authority while technical and economic regulation would be performed by the sector regulator. At the same time, the …As the Philippines move toward the legislation of its comprehensive competition law, one important issue that has … emerged is the interaction between the competition agency and sector regulators. Based on a review of different approaches …