Emerging Issues in Competition, Collusion, and Regulation of Network Industries PDF Download

Author: Antonio Estache
Publisher: CEPR
ISBN: 1907142355
Category : Business & Economics
Languages : en
Pages : 157

View

Book Description
This book presents a comprehensive review of the vast economic literature covering the governance issues of network industries and suggests paths to improve their efficiences.

Author: Jean-Marc Zogheib
Publisher:
ISBN: 9781954750999
Category :
Languages : en
Pages : 144

View

Book Description
While particularly dynamic and innovative, the digital and telecommunication industries are found to have a great tendency towards concentration, resulting in strong market power and raising concerns from competition and regulatory authorities. In this study focusing on such network industries, Jean-Marc Zogheib explores the interplay between public policy and firms' strategies by combining various tools of theoretical economic analysis adopted from industrial economics, network economics, and platform economics. Mr. Zogheib's thesis consists of three distinct essays: the first chapter examines how merger policy affects firms' entry strategies, the second chapter shifts the focus to public intervention by considering how the coexistence of private and public players affects competition and investment, while the third chapter investigates the role of privacy in competition between digital platforms and the importance of consumer data in the competitive analysis of mergers. This book clearly illustrates how economics can contribute essential building blocks to the construction of competitive reasoning and how the integration of competition law into economic models extended their collective utility. An important read for lawyers and economists alike. The book was awarded the inaugural Concurrences PhD Award in Economics.

Author: Joseph E. Harrington
Publisher: Edward Elgar Publishing
ISBN: 1781005699
Category : Business & Economics
Languages : en
Pages : 401

View

Book Description
'This volume collects a number of original, cutting-edge contributions that take the reader swiftly and easily to the frontier of research on most of the current hot topics in industrial organization, antitrust and regulation. Skillfully edited by two outstanding leaders in the field, the volume will be a precious source for students, researchers and practitioners that need to figure out what research has achieved in recent years on these important policy issues.' Giancarlo Spagnolo, SITE Stockholm School of Economics and University of Tor Vergata, Sweden This state-of-the-art volume highlights important recent research contributions covering all the significant themes surrounding competition policy and regulation, including financial regulation and multisided markets. Bringing scholars and policymakers to the frontiers of research and addressing the critical issues of the day, the book presents original important new theoretical and empirical results. The distinguished contributors include: P. Agrel, K. Alexander, J. Crémer, X. Dassiou, G. Deltas, F. Etro, L. Filistrucchi, P. Fotis, M. Gilli, J. Harrington Jr, T. Huertas, M. Ivaldi, B. Jullien, V. Marques, M. Peitz, Y. Spiegel, E. Tarrantino and G. Wood. Recent Advances in the Analysis of Competition Policy and Regulation will prove insightful for academic economists, consultants and policymakers interested in these fields.

Author: Michael Klein
Publisher:
ISBN:
Category :
Languages : en
Pages :

View

Book Description
April 1996 Debate about whether and how to introduce competition in network industries -- including transport, power, and telecommunications -- is sometimes heated. Klein contends that in case of doubt, policymakers should not restrict the entry of competitive firms in such networks. If they do, he says that entry restrictions should be subject to an automatic test after a set period, and reviewed for costs and benefits. A wave of privatization is sweeping the globe, affecting about 100 countries and adding up to an average of more than $60 billion a year in business in the past decade. The challenge is to ensure that privatization yields clear benefits. Empirical studies suggest that ownership change by itself will often yield results, especially when it reduces government interference. But the regulation required in areas of natural monopoly can become overly intrusive and undermine progress. Real competition is required to generate sizable and lasting welfare improvements. But in infrastructure sectors, the introduction of competition is complicated by the existence of complex transport and communications networks. Debate about whether and how to introduce competition in network industries is sometimes heated. Certain questions recur: Will continuing regulation be needed? Whether and at what terms will private finance be forthcoming? Klein argues that policymakers need to understand how competitive forces can be brought to bear in network industries. He explains: * Common principles that are often lost in technical debates about specific sectors. * Various methods for introducing competition in network industries (sketching broad regulatory requirements along the way). * Competition for the market, and bidding for franchises. * Options for competition for existing networks, including open access arrangements, pooling of homogeneous services such as electricity and natural gas, and timetabling (the competitive determination of service delivery for nonhomogeneous services that need to be sent to specific endpoints). * Options for expanding competitive systems by decentralizing investment in new network capacity. * The option of allowing competition among multiple networks. * The implications of these options for the sectors and for financing industry expansion. In case of doubt, he contends, policymakers should not restrict the entry of competitive firms in such networks. If they do, entry restrictions should be subject to an automatic test after a set period, and reviewed for costs and benefits. This paper is a product of the Private Sector Development Department.

Author: Jean-Jacques Laffont
Publisher: MIT Press
ISBN: 9780262621502
Category : Business & Economics
Languages : en
Pages : 340

View

Book Description
The authors analyze regulatory reform and the emergence of competitionin network industries using the state-of-the-art theoretical tools ofindustrial organization, political economy, and the economics ofincentives.

Author: Ishac Diwan
Publisher: World Scientific
ISBN: 9814596027
Category : Political Science
Languages : en
Pages : 308

View

Book Description
For the millions of citizens in the Arab World who came together in 2010–2011 to discover their common yearning for dignity and liberty, the real revolutions only began after the wave of protests. Understanding the Political Economy of the Arab Uprisings reassess the interests, potential and constraints of various socio-political players and their importance in the building of a constructive environment for democratic progress in the Middle East. Initiated by the Cairo-based Economic Research Forum and edited by Ishac Diwan, this invaluable volume features contributions by Middle East academics across the world. They examine the reasons behind the uprisings, how democratic transitions transpire, the role of Arab capitalism in the crises, and how the experiences of other countries such as Indonesia, Turkey and Iran, can forecast where these uprisings may lead the Middle East in the years to come. Contents:PrefaceIntroductionThe Genesis of the Uprisings:The Political Economy of Arab Presidents for Life — and After (Roger Owen)Understanding Revolution in the Middle East: The Central Role of the Middle Class (Ishac Diwan)The Making of the Tunisian Revolution (Fadhel Kaboub)A Transition to Democracy?:On the Determinants of Democratic Transitions (Caroline Freund and Melise Jaud)Islamists in Power? Inclusion, Moderation, and the Arab Uprisings (Jillian Schwedler)Arab Capitalism in Crisis:Detecting Corruption and Evaluating Programs to Control It: Some Lessons for MENA (Jeffrey B Nugent)Enhancing Competition in a Post-Revolutionary Arab Context: Does the Turkish Experience Provide Any Lessons? (Izak Atiyas)Lessons from Elsewhere:Political and Economic Developments in Turkey and The Transformation of Political Islam (1950–2010) (Hasan Ersel)Social Order, Rents, and Economic Development in Iran Since the Early 20th Century (Hadi S Esfahani & Esra Ç Gürakar)What Happened in the Early Years of Democracy: Indonesia's Experience (Akhmad R Shidiq and Philips J Vermonte) Readership: Graduate and research students, political scientists, economists, social scientists who specialize in the political economy of the Middle East and current affairs in the MENA Region. Key Features:Written by distinguished Middle East scholars from around the worldTimely topic with the aftermath of Arab revolutions still unfoldingGoes beyond the political perspective of the uprisings (which is what many books tend to focus on), and provides analyses on socio-economic and political-economic aspects of eventsKeywords:Political Economy;Democracy;Transitions;MENA;Arab Spring;Tunisia;Egypt;Libya;Turkey;Yemen;Indonesia;Revolutions;Political Islam;The Middle East;Islamists;Corruption;Competition;Iran;Social Order;Rents;Economic DevelopmentReviews: “How are we to understand the origins and consequences of the momentous changes which have rocked the Middle East in the past four years? This book brings together some of the most insightful scholars of the region to begin to distill some of the lessons from this experience. It takes on board the extent of the variation and the rich historical legacies. An important and fascinating work.” James A Robinson David Florence Professor of Government Harvard University “This is an important book for those are interested in the Arab region and recent ground-breaking events. Ishac Diwan and his colleagues have made a great contribution by providing deep and thought-provoking perspectives on the causes and implications of the so-called Arab Spring.” Mustapha Kamel Nabli Former Governor, Central Bank of Tunisia “… efforts to understand why the uprisings took place, and what effects they have had so far, are of the greatest importance … The contributors to this volume are to be congratulated for the many skillful ways they use a Political Economy approach to provide trenchant evidence …” Roger Owen A J Meyer Professor Emeritus of Middle East History Harvard University “This volume makes a valuable contribution to the growing literature on the Arab uprisings.” Middle East Media and Book Reviews Online “It includes the most commentary on the structural factors behind the uprisings, and a credible hypothesis emerges from some of its essays: in recent decades, neoliberal reforms enacted by Arab states combined with corrupt privatization schemes and crony capitalism to undermine the economic base of the middle class to ally with the lower-middle class and the poor.” Foreign Affairs

Author: Albert Sánchez Graells
Publisher: Oxford University Press
ISBN: 0198866771
Category : Law
Languages : en
Pages : 321

View

Book Description
Bringing together insights from political economy, public policy, science, technology and legal scholarship, this book explores the role of public procurement in digital technology regulation.

Author: Robert Bork
Publisher:
ISBN: 9781736089712
Category :
Languages : en
Pages : 536

View

Book Description
The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.

Author: Subal C. Kumbhakar
Publisher: Cambridge University Press
ISBN: 1107029511
Category : Business & Economics
Languages : en
Pages : 375

View

Book Description
This book provides practitioners with a step-by-step guide on how to conduct efficiency analysis using the stochastic frontier approach.

Author: Tina Søreide
Publisher: Edward Elgar Publishing
ISBN: 1784715980
Category : Law
Languages : en
Pages : 288

View

Book Description
Criminal law efficiency is a concept often referred to but seldom defined. Clarity, the author argues, is necessary for finding practical solutions to fundamental challenges in this area of law, especially with the criminal justice system itself at risk. Tina Søreide offers views in contrast to mainstream ideas on optimal criminal law responses to corruption, with emphasis on the fundamental role of the criminal justice system in the fight against corruption, and the effect this can have on other mechanisms in society. Her analysis explains the concept of criminal law efficiency through economic approaches and why many criminal law responses to corruption are at risk of becoming ‘façade strategies’ that may, in fact facilitate corruption. Corruption and Criminal Justice offers insights into the obstacles that policymakers and government advisors cannot ignore. It serves as an invaluable resource for advanced students and academics interested in law, economics, and large corporations.