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Market Power And Regulation

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lightbulbAbout this topic
Market power and regulation refer to the ability of firms to influence prices and output levels in a market, coupled with the governmental policies and legal frameworks designed to control or mitigate such power to promote competition, protect consumers, and ensure fair market practices.
lightbulbAbout this topic
Market power and regulation refer to the ability of firms to influence prices and output levels in a market, coupled with the governmental policies and legal frameworks designed to control or mitigate such power to promote competition, protect consumers, and ensure fair market practices.

Key research themes

1. How does regulatory governance address market power and industry complexity in contemporary economic systems?

This theme explores the evolving frameworks of regulatory governance designed to manage the influence of market power within increasingly complex economic sectors. It investigates the structural challenges regulators face, including political constraints, principal-agent dynamics, and the blending of private and public regulatory mechanisms. Understanding this area is crucial to crafting regulations that maintain market stability, promote competitive practices, and address informational asymmetries without stifling innovation or economic liberty.

Key finding: This paper provides a conceptual framework distinguishing between market investors' ability to monitor banks' conditions and their ability to influence firm actions, clarifying the role of market discipline in supplementing... Read more
Key finding: This article conceptualizes regulatory governance as governance through regulation, emphasizing the interplay of rules, resistance, and responsibility within global and local institutional contexts. It highlights a shift away... Read more
Key finding: Stigler's seminal work theorizes regulation as a product acquired by industries to serve their interests, challenging the public interest theory of regulation. It argues that regulatory capture arises because political... Read more
Key finding: This study synthesizes theoretical and empirical approaches to integrate 'politics' explicitly into the understanding of regulatory enforcement and compliance. It identifies a fragmented conceptual landscape where political... Read more
Key finding: The paper analyzes UK regulatory reforms focusing on sector-specific regulators and price cap regulation for formerly state-owned monopolies, examining complexities in separating industry structure and pricing controls. It... Read more

2. What are the implications of market power and price discrimination for measuring and regulating firm behavior?

This theme considers how firms exercise market power through strategic pricing mechanisms such as second-degree price discrimination, and the methodological challenges this raises for market power measurement and regulation. By examining structural models and empirical findings, it elucidates how price differentiation affects the estimation of market power, highlighting the need for regulatory tools that account for firm heterogeneity in pricing strategies to effectively assess competition and consumer welfare.

Key finding: The paper develops structural market power measures grounded in conduct parameter games extended to settings with second-degree price discrimination. Empirically applied to U.S. airlines from 1999 to 2009, it finds that... Read more

3. How do institutional, political, and social factors shape market power, competition, and regulatory outcomes in specific industry contexts?

This theme highlights the role of broader social, political, and institutional influences on market power, regulatory enforcement, and competition dynamics. It includes the interplay between trust, governance institutions, and regulation demand, as well as the impact of corporate social responsibility initiatives and geopolitical risks on market power. The focus is on understanding how these contextual factors modify theoretical predictions and practical regulatory strategies in diverse sectors.

Key finding: Through meta-regression of country-level data, the paper finds an asymmetric effect where confidence in companies significantly lowers the demand for market regulation, whereas confidence in government does not exert a... Read more
Key finding: This article examines the historical evolution and implementation challenges of CSR within democratic capitalist frameworks, highlighting how social responsibility initiatives reflect and influence business legitimacy amid... Read more
Key finding: The study reveals that concentration of critical mineral supply is geographically concentrated in politically unstable or authoritarian regimes, notably China, leading to heightened geopolitical risks and supplier market... Read more
Key finding: This paper analyzes how Australia's abundant natural gas reserves contradict its domestic gas supply security, with export-focused LNG markets imposing market power that elevates domestic prices and risks supply shortfalls.... Read more

All papers in Market Power And Regulation

I would like to convey my sincere thanks to Prof. k .k .Ahuja , my Legal Aspects of Climate change & Environmental Management teacher, who always gave me valuable suggestions and guidance during the project. He has a source of inspiration... more
The main goal of this chapter is to analyze the connection between the 4IR and global power politics, which are reconfiguring international relations. To this end, the chapter is structured in four parts. The first will focus on... more
Corporate Social Responsibility (CSR) is a strategy that companies adopt to ensure that their operations are ethical, impactful, and beneficial to society. Its underlying goal is for businesses to operate in an economically, socially,... more
The interest and the discussion of School and Educational issues is still ongoing. Regarding this, it was approved the Law (Decreto-Lei) 75-2008, ruling the model of Autonomy, Administration and Management, being currently used. The... more
Queensland experienced extraordinary growth in booked 2P coal seam gas (CSG) reserves, rising from 3,400 PJ in 2005 to 41,200 PJ in 2013. Given annual domestic consumption of ca. 700 PJ/a, 2P reserves rapidly shifted from 14 to 72 years... more
Queensland experienced extraordinary growth in booked 2P coal seam gas (CSG) reserves, rising from 3,400 PJ in 2005 to 41,200 PJ in 2013. Given annual domestic consumption of ca. 700 PJ/a, 2P reserves rapidly shifted from 14 to 72 years... more
A New Model for Industrial Production and Final Uses of Ethanol However, aware of the environmental damage caused by burning this situation is changing as a result of public pressure, and even through trade unions and other associations,... more
Khóm Cầu Đúc là một trong những sản phẩm chủ lực của tỉnh Hậu Giang với 04 sản phẩm đã đạt chuẩn OCOP 03 sao. Tuy nhiên, thực trạng sản xuất và tiêu thụ của ngành hàng vẫn còn nhiều hạn chế. Do vậy, nghiên cứu tiến hành phỏng vấn 78 quan... more
Khóm Cầu Đúc là một trong những sản phẩm chủ lực của tỉnh Hậu Giang với 04 sản phẩm đã đạt chuẩn OCOP 03 sao. Tuy nhiên, thực trạng sản xuất và tiêu thụ của ngành hàng vẫn còn nhiều hạn chế. Do vậy, nghiên cứu tiến hành phỏng vấn 78 quan... more
Phân tích chuỗi giá trị sản phẩm đồ gỗ xuất khẩu sử dụng nguyên liệu gỗ Keo (Acacia) ở vùng Nam Bộ nhằm mục tiêu đề xuất các chiến lược nâng cấp chuỗi giá trị để tăng cường năng lực cạnh tranh, mở rộng thị trường và nâng cao hiệu quả sản... more
Luận án phân tích chuỗi giá trị cà phê Arabica tại Lâm Đồng được thực hiện dựa trên phương pháp tiếp cận phân tích chuỗi giá trị của GTZ (2007) và khung phân tích SCP mở rộng nhằm phân tích cấu trúc thị trường, thực hiện thị trường và kết... more
Australia has been one of the majority countries in the world which has committed to the Paris Agreement and has implemented it to cut their emission. Climate change is a tremendous challenge for human being for the past 20 years, since... more
Following the invasion of Ukraine, there is a call to replace Russian gas and oil with green electric energy. A prime sector subject to electrification is the transportation sector. Consequently, access to the critical minerals for... more
Australia has been one of the majority countries in the world which has committed to the Paris Agreement and has implemented it to cut their emission. Climate change is a tremendous challenge for human being for the past 20 years, since... more
As a key economic element, energy plays an important role in the development of societies. Economic growth and its urgent need for energy highlight the need for optimal energy use. Wind energy is an energy source that has become an... more
Australia has been one of the majority countries in the world which has committed to the Paris Agreement and has implemented it to cut their emission. Climate change is a tremendous challenge for human being for the past 20 years, since... more
Australia has been one of the majority countries in the world which has committed to the Paris Agreement and has implemented it to cut their emission. Climate change is a tremendous challenge for human being for the past 20 years, since... more
Brazil is one of the largest producers of electricity by means of hydroelectric plants; however, this generation process depends on large volumes of water directly affected by climate changes that, consequently, affect the production of... more
This paper presents and discusses the potential of power generation from last sugarcane harvest (2016/17), mainly by the combustion of two by-products; bagasse and straw. Bioelectricity production from the bagasse and the straw is... more
Energy security is a transitional concept heralding from traditional principles focused on security of supply. Onshore conventional and unconventional gas reserves have played an integral role in Australia’s energy security since its... more
Ekonomi merupakan salah satu ilmu sosial yang mempelajari aktivitas manusia yang berhubungan dengan produksi, distribusi, dan konsumsi terhadap barang dan jasa. Istilah "ekonomi" berasal dari bahasa Yunani, yaitu οἶκος (oikos) yang... more
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