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Displacing Democracy: Market Accountability and the Consumer-Citizen

Craig T. Borowiak

in Accountability and Democracy: The Pitfalls and Promise of Popular Control

Published in print:
2011
Published Online:
January 2012
ISBN:
9780199778256
eISBN:
9780199919086
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199778256.003.0005
Subject:
Political Science, Political Theory, International Relations and Politics

This chapter critically examines the prospect that competitive markets might serve as an alternative to democratic accountability. It identifies ways that market globalization has undermined ... More


Market Power

Ruben Lee

in Running the World's Markets: The Governance of Financial Infrastructure

Published in print:
2011
Published Online:
October 2017
ISBN:
9780691133539
eISBN:
9781400836970
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691133539.003.0003
Subject:
Economics and Finance, Macro- and Monetary Economics

A critical determinant of whether exchanges, central counterparties, and central securities depositories should be considered infrastructure institutions is whether they have market power. This ... More


Unilateral Market Power

Louis Kaplow

in Competition Policy and Price Fixing

Published in print:
2013
Published Online:
October 2017
ISBN:
9780691158624
eISBN:
9781400846078
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691158624.003.0014
Subject:
Economics and Finance, Economic History

This chapter examines unilateral market power. The exercise of such power sometimes constitutes a competing explanation for price elevation in oligopolistic industries. This possibility raises three ... More


From Thinking Globally about Climate Change to Acting Locally on the Energy Challenge

Ion Bogdan Vasi

in Winds of Change: The Environmental Movement and the Global Development of the Wind Energy Industry

Published in print:
2011
Published Online:
January 2011
ISBN:
9780199746927
eISBN:
9780199827169
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199746927.003.0005
Subject:
Political Science, Environmental Politics

This chapter shows that although American environmental groups had little success in influencing federal energy policies, they contributed to a significant increase in local demand for renewable ... More


Regulation and Competition in German Banking: An Assessment

Karl-Hermann Fischer and Christian Pfeil

in The German Financial System

Published in print:
2004
Published Online:
January 2005
ISBN:
9780199253166
eISBN:
9780191601651
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199253161.003.0010
Subject:
Economics and Finance, Financial Economics

Offers an in-depth discussion of regulatory and competitive issues in German banking. Emphasising that regulation, market structure, and competitive conduct are deeply interrelated the authors look ... More


Antitrust Analysis in High Technology Industries *

David J. Teece

in Managing Intellectual Capital: Organizational, Strategic, and Policy Dimensions

Published in print:
2002
Published Online:
November 2003
ISBN:
9780198295426
eISBN:
9780191596964
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198295421.003.0009
Subject:
Economics and Finance, Microeconomics

Anti‐trust economics has not sufficiently recognized the nature of competition and innovation in high‐technology industries, the evolution of those industries and the implications for public policy. ... More


Single Dominance

Renato Nazzini

in The Foundations of European Union Competition Law: The Objective and Principles of Article 102

Published in print:
2011
Published Online:
January 2012
ISBN:
9780199226153
eISBN:
9780191730856
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199226153.003.0010
Subject:
Law, EU Law, Competition Law

This chapter discusses the concept of dominance and demonstrates that, under Article 102, dominance is the ability to harm competition. This dynamic concept of dominance is consistent with the ... More


Getting Relative Prices “Wrong”: A Summary

Alice H. Amsden

in Asia's Next Giant: South Korea and Late Industrialization

Published in print:
1992
Published Online:
November 2003
ISBN:
9780195076035
eISBN:
9780199870691
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195076036.003.0006
Subject:
Economics and Finance, Development, Growth, and Environmental, South and East Asia

According to accepted economic theory, industrial expansion can be explained by one of two grand approaches, market oriented or institutional, and success is usually interpreted as a validation of ... More


Did the Taliban’s Ban Really Matter?

Letizia Paoli, Victoria A. Greenfield, and Peter Reuter

in The World Heroin Market: Can Supply Be Cut?

Published in print:
2009
Published Online:
May 2012
ISBN:
9780195322996
eISBN:
9780199944194
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195322996.003.0004
Subject:
Sociology, Law, Crime and Deviance, Comparative and Historical Sociology

This chapter explores the dynamics of the heroin market, as evident in its response to the Taliban opium cutback. It discusses the observed changes in the price and purity of opiates throughout the ... More


Wage Behaviour: the Evidence

Richard Layard, Stephen Nickell, and Richard Jackman

in Unemployment: Macroeconomic Performance and the Labour Market

Published in print:
2005
Published Online:
October 2011
ISBN:
9780199279166
eISBN:
9780191700033
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199279166.003.0004
Subject:
Economics and Finance, Macro- and Monetary Economics

Wages differ in industries and companies in ways that go beyond the effect of differences in ability plus working conditions. These extra differences rise for the reason that wages reflect not only ... More


The Spiraling of Market Power

Alice H. Amsden

in Asia's Next Giant: South Korea and Late Industrialization

Published in print:
1992
Published Online:
November 2003
ISBN:
9780195076035
eISBN:
9780199870691
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195076036.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental, South and East Asia

This chapter starts with a discussion of the development of the highly diversified business/industrial groups that have grown in late‐industrializing countries – as exemplified by the zaibatsu in ... More


Ken Lay: Competition Betrayed

Jeremiah D. Lambert

in The Power Brokers: The Struggle to Shape and Control the Electric Power Industry

Published in print:
2015
Published Online:
May 2016
ISBN:
9780262029506
eISBN:
9780262330985
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262029506.003.0005
Subject:
Business and Management, Business History

Joskow’s focus on energy markets was not solely an academic pursuit. It also animated certain leaders of the energy industry, including Ken Lay, an ambitious corporate empire builder who seized on ... More


The Need for a New Concentration Index for Media

Eli M. Noam

in Media Ownership and Concentration in America

Published in print:
2009
Published Online:
October 2011
ISBN:
9780195188523
eISBN:
9780199852574
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195188523.003.0017
Subject:
Business and Management, Information Technology

Data in this chapter show that mass media in the United States have, in the aggregate, steadily increased in concentration since 1988. But they also show that the concentration on a national basis is ... More


Emerging Role of the System Operator

Alok Kumar and Sushanta K. Chatterjee

in Electricity Sector in India: Policy and Regulation

Published in print:
2012
Published Online:
September 2012
ISBN:
9780198082279
eISBN:
9780199082063
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198082279.003.0011
Subject:
Economics and Finance, Development, Growth, and Environmental

Power system operation is a critical function and the role of the system operator becomes crucial in the context of the emerging imperatives of competition and promoting renewables in the electricity ... More


Antitrust and IP: 20th century

Michael A. Carrier

in Innovation for the 21st Century: Harnessing the Power of Intellectual Property and Antitrust Law

Published in print:
2009
Published Online:
May 2009
ISBN:
9780195342581
eISBN:
9780199867035
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195342581.003.0004
Subject:
Law, Intellectual Property, IT, and Media Law

This chapter explores the underpinnings of the mutual distrust between intellectual property (IP) and antitrust and the various stages of their relationship. It begins by discussing the conflict ... More


Paul Joskow and the Intellectual Blueprint for Industry Reform

Jeremiah D. Lambert

in The Power Brokers: The Struggle to Shape and Control the Electric Power Industry

Published in print:
2015
Published Online:
May 2016
ISBN:
9780262029506
eISBN:
9780262330985
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262029506.003.0004
Subject:
Business and Management, Business History

The Federal Power Act, New Deal legislation that regulated wholesale electric rates, did not require the nation’s utilities to interconnect or coordinate their activities. The government could not ... More


Economic perspectives

John Child, David Faulkner, and Stephen B. Tallman

in Cooperative Strategy: Managing Alliances, Networks, and Joint Ventures

Published in print:
2005
Published Online:
October 2011
ISBN:
9780199266241
eISBN:
9780191699139
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199266241.003.0002
Subject:
Business and Management, Strategy, Organization Studies

The justification attributed to cooperative strategy may be based on several different economic theories and as such, this chapter attempts to take on an economic perspective in examining a company's ... More


Assessing Vulnerability of Selected Sectors under Environmental Tax Reform: The Issue of Pricing Power 1

John Fitz Gerald, Mary J. Keeney, and Susan Scott

in Carbon-Energy Taxation: Lessons from Europe

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199570683
eISBN:
9780191723186
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199570683.003.0003
Subject:
Economics and Finance, Public and Welfare, International

Environmental tax reform could bear heavily on manufacturing sectors that are energy‐intensive and highly traded, in particular if their options for adapting technology are limited. However, to the ... More


Controlling Market Power in Telecommunications: Antitrust vs. Sector-Specific Regulation

Damien Géradin and Michel Kerf

Published in print:
2003
Published Online:
March 2012
ISBN:
9780199242436
eISBN:
9780191697104
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199242436.001.0001
Subject:
Law, Competition Law

Controlling market power is a crucial issue in a liberalised telecommunications market where incumbents usually remain dominant for some time after the opening of the market to competition. ... More


Lessons from the California Electricity Crisis

Frank A. Wolak

in Electricity Deregulation: Choices and Challenges

Published in print:
2005
Published Online:
February 2013
ISBN:
9780226308562
eISBN:
9780226308586
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226308586.003.0004
Subject:
Economics and Finance, Econometrics

This chapter analyzes the possible causes of the electricity crisis in California in 2000. It argues against the belief that the crisis was caused by a combination of rising input costs, poor market ... More


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