Monopoly is a major theme in the Wealth of Nations, as reflected in 175 usages of the word in the work, and, when applied to a single business, Smith’s opening analysis will be well known to students of economics today
In this paper, Daniel Pryor argues that competition interventions in digital markets have often been premised on faulty economic assumptions and therefore led to various unintended consequences
In this new piece in our Past Learnings Series, George Yarrow discusses the publicly perceived “untrustworthiness” of politicians
Scaling geologic time to (say) one year, homo sapiens has existed for less than an hour. In that twinkling of an eye, we have developed some capacity for foresight – an enormous evolutionary leap in one of nature’s creatures.
This piece in the Past Learnings Series is based on a hitherto unpublished internal Regulatory Policy Institute Paper dating from 2012.
The notion that promoting competition is a Good Thing has become a consistent theme in economic policymaking in recent decades, accompanied by an implication that “the more of it the better” should be a presumptive policy stance. In contrast, very many members of the public appear to find these propositions far from obvious, not least those who are owners of, or workers for, business enterprises.
The notion of ‘fairness’ is widely referenced in public policymaking and enforcement, but with no settled meaning. What we see is incoherent application of the notion across economic contexts, a form of policy disorder with which we are well familiar. Moreover, the disorder (‘entropy’) appears to be increasing over time.
Delivered as part of ‘The discovery, assessment and use of evidence in regulatory and competition law decision making’, Annual Competition and Regulation Conference 2018
Delivered as part of ‘The discovery, assessment and use of evidence in regulatory and competition law decision making’, Annual Competition and Regulation Conference 2018
Delivered as part of ‘In a period of great disturbance and volatility’, Annual Competition and Regulation Conference 2017
Delivered as part of ‘In a period of great disturbance and volatility’, Annual Competition and Regulation Conference 2017
Delivered as part of ‘The evolution of UK regulatory policy in retrospect: What has worked well? What hasn’t? What can be learned from experience?’, Annual Competition and Regulation Conference 2016
Delivered as part of ‘Too busy to think’, Annual Westminster Conference 2017
Delivered as part of ‘The evolution of UK regulatory policy in retrospect: What has worked well? What hasn’t? What can be learned from experience?’, Annual Competition and Regulation Conference 2016
Delivered as part of ‘The evolution of UK regulatory policy in retrospect: What has worked well? What hasn’t? What can be learned from experience?’, Annual Competition and Regulation Conference 2016
Delivered as part of ‘The evolution of UK regulatory policy in retrospect: What has worked well? What hasn’t? What can be learned from experience?’, Annual Competition and Regulation Conference 2016
Delivered as part of ‘Issues in market and regulatory governance’, Annual Westminster Conference 2016
Delivered as part of ‘Issues in market and regulatory governance’, Annual Westminster Conference 2016
Delivered as part of ‘Issues in market and regulatory governance’, Annual Westminster Conference 2016
Delivered as part of ‘Symposium’, Annual Competition and Regulation Conference 2015
Delivered as part of ‘Coherence and stability in regulatory practice’, Annual Westminster Conference 2014
Delivered as part of ‘Coherence and stability in regulatory practice’, Annual Westminster Conference 2014
Delivered as part of ‘Coherence and stability in regulatory practice’, Annual Westminster Conference 2014
Delivered as part of ‘Coherence and stability in regulatory practice’, Annual Westminster Conference 2014