Competition

Working Paper

The Disappearing Taboo of Multiple Voting Shares: Regulatory Responses to the Migration of Chrysler-Fiat

In 2014, the Italian Government broke an old taboo of Italian corporate law, joining the ranks of many different legal systems that allow the issuance of multiple voting shares (MVSs), including the United States. The importance of the reform is...Read more

Marco Ventoruzzo
01 March 2015

Political Determinants of Competition in the Mobile Telecommunication Industry

We study how political factors shape competition in the mobile telecommunication sector. We show that the way a government designs the rules of the game has an impact on concentration, competition, and prices. Pro-competition regulation reduces...Read more

Mara Faccio
Luigi Zingales
01 January 2017

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