Samir’s Selection 01/06/2014 (p.m.)
Gongs for guff that reach new levels of flannel – FT.com
Competition authorities should look at the beam in government’s eye, not the speck in business’s – Telegraph
Philip Booth: “When it comes to competition, the most crucial characteristic of a market is that it is open to entry – to creative destruction by new technologies and new ideas… Making proposals to remove artificial barriers to entry should become a key function of the competition authorities, with new powers being granted if necessary…
Good business policy was undermined by micro-meddling. The recurring investigations into supermarkets themselves provide further examples of where competition authorities often cannot see the wood for the trees…
The problem is that the planning system restricts meaningful competition…
The first and least controversial power should be one of investigation into government impediments to competition in the provision of services where competition is part of the Government’s explicit policy.
Posted from Diigo. The rest of my favorite links are here.