City Research Online

Abstract

We look at modern markets and discuss their current treatment by policy makers, analyzing policy recommendations regarding the treatment of such markets in the future. These include recommendations regarding the taxation treatment of informal markets; the presence of market power and anti-competitive strategies in health markets and platform two-sided markets; investment and arbitrage functions in foreign exchange markets; regulation and competition in the Canadian banking sector; asymmetric regulation in mobile termination charges and technological diffusion; incentive regulation in telecoms and its impact on productive efficiency; welfare enhancing government intervention recommendations in broadcasting. Finally, we give an overview of the overall success of the UK Competition Commission as a second stage enforcer of regulatory policy and competition law.

Publication Type:	Article
Publisher Keywords:	Structure of modern markets, Regulation, Policy, Telecommunications
Subjects:	H Social Sciences > HB Economic Theory
Departments:	School of Policy & Global Affairs > Economics
SWORD Depositor:	Symplectic Administrator

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