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Author Question: According to economist George Stigler, the process of regulating firms with market power becomes ... (Read 125 times)

amymoore

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on: Oct 12, 2022
According to economist George Stigler, the process of regulating firms with market power becomes suspect over time. Why?
◦ Regulators impose additional costs on regulated firms because they are expected to accomplish other social goals.
◦ Regulated firms devise methods to circumvent the regulations.
◦ Regulation leads to corruption of political parties.
◦ Regulators shift from protecting the consumer to protecting the regulated firm from competition.
◦ Regulated firms are allowed to expand into other markets and drive out competing firms.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by amymoore on Oct 12, 2022

LynellDool

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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amymoore

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Reply 2 on: Oct 12, 2022
Excellent

milbourne11

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Reply 3 on: Yesterday
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