On the Merits of Antitrust Liability in Regulated Industries
نویسندگان
چکیده
We examine the merits of imposing antitrust liability on an incumbent supplier of regulated services. Such antitrust liability can limit anticompetitive behavior by the incumbent supplier but also can distort activity in the regulated industry, including the actions of the regulator. We demonstrate how the merits of antitrust liability vary with the regulators objectives, instruments, and policies, and with prevailing industry conditions.
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تاریخ انتشار 2013