Cultural exception? Why regulating the book market contradicts conventional wisdom about competition
Genakos, C., Valletti, T. & Sabatino, L.
(26 May 2025)
Cultural exception? Why regulating the book market contradicts conventional wisdom about competition.
LSE European Politics and Policy (EUROPP) blog.
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 | Blog post |
|---|---|
| Copyright holders | © 2025 The Authors |
| Departments |
LSE > Research Centres > Centre for Economic Performance LSE |
| Date Deposited | 18 Jun 2025 |
| URI | https://researchonline.lse.ac.uk/id/eprint/128439 |