A major issue within the realm of Antitrust policy is the regulation of existing monopolies. We describe a new … potential indirect scheme for regulating a natural monopoly that arises from high entry cost. The approach involves minimal … no entry. The regulation is quot;costless,quot; since no entry will occur and hence no subsidy will be paid …

, 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 …

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 …

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 …

are privately owned and experience little or no ex-ante regulation of airport charges. On the other hand, airports … activities into the regulation of airport infrastructure charges? This question is addressed in this paper. We discuss basic …

costs in a so-called base year. Such regulation is employed, among others, to govern electricity distribution operators in …. A connected set of price caps exists so that a hybrid regulation consisting of any element in this set and the cost …