The level and nature of competition in supermarket retailing in Australia has beenhotly debated as a policy issue in recent times. The creeping acquisitions of smallergroups by Coles and Woolworths have led to several investigations amid claims thatconsumers will be disadvantaged by the growth...

Higher education, like any other commodity or service, has been viewed in a variety of economic frameworks. Little of this work, however, appears to have made any effort to define carefully the boundaries of the relevant market for higher education, which is the subject of this particular...

In the absence of an effective antitrust law, both fare wars and price collusion have been pervasive in China’s airline markets, causing concern for both airlines and consumers. A study of monthly airfare data from 2002 to 2004 confirms that fare wars occur periodically, as well as price...