ECON-429 Topics in Competition and Regulation
Spring for 2017-2018
Faculty:
This course focuses on government policy towards market power broadly defined. The relevant theory will be reviewed, followed by applications. One broad set of issues involve efforts to introduce more competition into industries (such as telecom and electricity) traditionally viewed as natural monopolies: preventing a bottleneck monopolist from distorting competition in related, potentially competitive segments; dealing with cross-subsidies and alleged cream-skimming; and improving the regulation of remaining monopoly segments. The course will also address selected aspects of antitrust in unregulated industries, such as vertical control and exclusion. In addition to lectures, we will have occasional outside speakers who are experts in their fields.
Credits: 3
Prerequisites: ECON-101 or ECON-103.
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