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Competition Policy And Merger Analysis In Deregulated And Newly Competitive Industries

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Competition Policy And Merger Analysis In Deregulated And Newly Competitive Industries
By
Peter Carstensen and Susan Beth Farmer
A number of important American industries have undergone a significant transformation from direct regulation to a market-oriented system, commonly referred to as deregulation. Recognized scholars examine seven of these industries – electricity, natural gas pipelines, telecommunications, railroads, airlines, hospitals and banking – to show how competition policy generally and merger policy in particular have performed. In addition, the EU experience of deregulation is compared to that in the US.
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