Regulatory Uncertainty and Investment: Evidence from Antitrust Enforcement

@inproceedings{Bittlingmayer2002RegulatoryUA,
  title={Regulatory Uncertainty and Investment: Evidence from Antitrust Enforcement},
  author={George Bittlingmayer},
  year={2002}
}
Regulatory uncertainty may delay investment, and some implemented or expected regulatory regimes may reduce the returns to investment. Public utilities, petroleum, telecommunications, automobiles, pharmaceuticals, and other industries offer examples of the industry specific effects of regulation. Some policies, notably antitrust, affect a broader set of industries and influence a variety of business activity, including merger, expansion and joint venture. Case studies suggest that federal… CONTINUE READING