Auctions, Exclusive Contracts and Competition for the Market

Author:

Smith Rhonda L1,Merrett Alexandra2

Affiliation:

1. Rhonda Smith is a Senior Lecturer in the Economics Department at the University of Melbourne and a former Commissioner of the Australian Competition & Consumer Commission.

2. Alexandra Merrett is a Principal Lawyer at the Australian Competition & Consumer Commission and Senior Fellow in the Law School at the University of Melbourne. The views expressed in this paper are those of the authors and should not be taken to reflect the views of any organisation with which the authors are associated.

Publisher

Informa UK Limited

Subject

Law,Economics, Econometrics and Finance (miscellaneous)

Reference68 articles.

1. Why Regulate Utilities?

2. As early as 1859, Edwin Chadwick argued that rival firms, in bidding to secure the market as a whole, would set prices at cost, and regulation could be used to ensure quality.

3. Commission of the European Communities, Case No IV/M368-SNECMA/TI (Luxembourg, 17 January 1994).

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