Cultural exception? Why regulating the book market contradicts conventional wisdom about competition

Genakos, Christos, Valletti, Tommaso and Sabatino, Lorien (2025) Cultural exception? Why regulating the book market contradicts conventional wisdom about competition. LSE European Politics and Policy (EUROPP) blog (26 May 2025). Blog Entry.

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Abstract

Fixing retail book prices is a common policy in Europe, but how does preventing competition affect booksellers and buyers? Christos Genakos, Lorien Sabatino and Tommaso Valletti find that when the ability to offer customers lower prices is restricted, sellers shift towards competing on customer service and book variety – improving buyers’ experience.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/europpblog/
Additional Information:	© 2025 The Authors
Divisions:	Centre for Economic Performance LSE
Subjects:	Z Bibliography. Library Science. Information Resources H Social Sciences > HF Commerce
Date Deposited:	18 Jun 2025 16:57
Last Modified:	18 Jun 2025 16:57
URI:	http://eprints.lse.ac.uk/id/eprint/128439

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