Benefits of Cometition

Citation:

Arkin, Zander. “Benefits of Cometition” (1995).

Abstract:

EXCERPT FROM THE INTRODUCTION:

Regulatory reform has, to varying degrees, increased competition in traditionally regulated industries including financial services, transportation, telecommunication and energy. This trend toward deregulation has been driven by improvements in technology and the marketplace as well as cyclical economic and political change. Because traditionally regulated industries are very large and usually provide essential goods and svices, thier health and efficiency have serious ramification for the economy as a whole and there has been extensive research, analysis, and debate, both ex ante  and ex post, concerning the effects of deregulation and the value of competition in different industries and markets.