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The diverse goals of a public enterprise can lead it to act more aggressively toward its rivals than a private enterprise would.
This book applies new advances in economic theory regarding the asymmetry of information between firms and their regulators to the design of improved telecommunications regulation.
In a recent Joint Center study, David E. M. Sappington and J. Gregory Sidak argue that because public enterprises do not typically seek to maximize profits, incentives exist for those enterprises to undertake activities that disadvantage competitors. Those activities include setting prices below marginal cost, raising the...
In United States Postal Service v. Flamingo Industries, the Supreme Court decided that the postal service is exempt from antitrust liability; the ruling is disturbing.
This event has been rescheduled from its original date of May 29.
President George W. Bush recently established the Commission on the United States Postal Service, whose final report in August 2003 may lay the groundwork for the first major reform of the U.S. Postal Service in thirty...
Regulatory uncertainty is inefficient, wasting resources and harming consumers. Businesses are deterred from investing in new technology when an action that seems legal today may be deemed illegal tomorrow. As a result, the benefits to consumers of new technologies are delayed or may even be completely...
J. Gregory Sidak presents a perspective on remedies in network industries that is informed by the American experience with antitrust law and sector-specific regulation.
In this essay, the author examines the ability of a government-owned firm to behave anticompetitively and considers postal services in particular.




