Author(s) |
Nicolas CURIEN Richard FEASEY Neil PRATT |
Publication type | Synthesis |
Conference on 26 May 2016
Regulators supervise the behaviour of operators but can also influence the market structure and the economic equilibrium and activities of individual firms. The regulator’s actions can affect firms’ profits, their ability to invest, and their willingness to serve particular market segments. A tendency towards asymmetric regulation and anti-trust considerations further complicate market design and performance.