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Article ID: CBB334066841

Comment on Anne Fleming: Anti-Competition Regulation (Winter 2019)

Business History Review
Volume: 93
Issue: 4
Pages: 725-728

URI: https://www.cambridge.org/core/journals/business-history-review/article/comment-on-anne-fleming-anticompetition-regulation/1A3743238905D987A2E097054E95B34C

DOI: 10.1017/S0007680519001363

Publication Date: Winter 2019
Edition Details: Special Issue: New Perspectives in Regulatory History
Language: English

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In her essay “Anti-Competition Regulation,” Anne Fleming explores the history and political economy of “certificates of public convenience.” For most regulation, repression of competition is an unfortunate side effect—something to be traded off for a safer, healthier, and more equal society. But for certificates of public convenience, repression of competition is itself the goal. Free competition can yield bad results, for consumers or firms (arguments emphasize one or the other depending on the ideology of the time). Certificates cut to the heart of the problem by limiting new entry into a market only when, as one early statute put it, new entry would “promote the convenience and advantage of the community.”

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Associated with

Article Anne Fleming (Winter 2019) Anti-Competition Regulation. Business History Review (pp. 701-724). unapi

Article Laura Phillips Sawyer; Herbert Hovenkamp (Winter 2019) New Perspectives in Regulatory History. Business History Review (pp. 659-664). unapi

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https://data.isiscb.org/isis/citation/CBB334066841/

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