This paper develops a model to analyze the impacts of asymmetric information on optimal universal service policy in the public utilities of developing countries. Optimal universal service policy is implemented using two regulatory instruments: pricing and network investment. Under discriminatory...

The recent development of China’s Antimonopoly Law has caught the attention of governments, academia, and businesses. Although China has laws that address anticompetitive conduct and institutions to enforce them, they are disparate and do not constitute a comprehensive...

In this paper, we provide some background on the merger approval process in China and the InBev acquisition, and then discuss the implications of MOFCOM’s decision and its other statements on merger policy for the future of merger control in China.