Competing With the Government
Subtitle: Anticompetitive Behavior and Public Enterprises (Hoover Institution Press Publication)
Contributors: R. Richard Geddes (Contributor, Editor); David E. M. Sappington (Contributor); J. Gregory Sidak (Contributor); Peter J. Wallison (Contributor)
Publisher: Hoover Institution Press
Published: March 2004
Language: eng
Format: Paperback
Number of pages: 120
ISBN-13: 9780817939922
Subjects: Government & Business; Government monopolies; Competition, Unfair; Business & Economics; United States; Business / Economics / Finance; Government business enterprises; Business/Economics; Government business enterprise; Corporations, Government; Industries - General
First sentence: State-owned enterprises (SOEs), also known as public enterprises, are owned by governments rather than private investors and compete directly with private, profit-maximizing enterprises in many important markets.
Description: "Government-owned and government-subsidized firms compete with private firms in a variety of activities but are often endowed with privileges and immunities not enjoyed by their private rivals. Competing with the Government reveals how these privileges give government firms an artificial competitive advantage that fosters a wide range of potentially harmful effects."

"Examining a variety of instances in which government and private firms compete - including freight carriage, electric utilities, financial services, and others - the authors raise fundamental questions about the proper relationship between business and government in a market economy and underline the need for significant policy change regarding competition between government and private firms."--Jacket.