Summary of JOIE article (14 September 2021) by Mathew T. Panhans, Federal Trade Commission, Washington, DC, USA and Reinhard Schumacher, University of Potsdam, Potsdam, Germany. The full article is available on the JOIE website. Antitrust and competition policy are back in vogue as of late. In March 2016, The Economist declared that “Profits are too high. America need…
Tag: Competition
Article Summary: “The Political Economy of (De)Regulation: Theory and Evidence from the US Electricity Industry”
Summary of JOIE article (First View, 11 September 2018) by Carmine Guerriero, “Rita Levi-Montalcini” Associate Professor (RTDb),Department of Economics, University of Bologna. The full article is available on the JOIE website. Introduction Although the idea that competition helps reach allocative efficiency to the detriment of investment-inducement has been discussed at length (Acemoglu et al., 2006; Vives,…