Economic Note that estimates the decline in sales of books following the introduction of a fixed price
Will we succeed in stopping the decline of small bookstores by limiting the discounts offered to Quebec readers by big stores? What consequences would such a policy entail? We can glean some answers to these questions from both the history of the book and the economic literature. Examples of fixed book price laws elsewhere in the world also allow us to draw precious lessons in order to avoid repeating the errors of the past.
Economic Note that shows how antitrust laws often result in penalizing consumers
In May 2012, after a two-year investigation, the president of the European Competition Commission (ECC), Mr. Joaquim Almunia, told Google to modify the operation of its search engine, under penalty of law. According to the ECC, Google is abusing its position in the Internet search engine and online advertising markets. Elsewhere in the world, the Federal Trade Commission (FTC) in the United States is also studying the possibility of suing Google for abusing its market position. Other countries like South Korea, Australia and India are investigating on the same grounds.
Economic Note analyzing the Canadian wireless industry in comparison to other developed countries
Nearly two decades after having decided that it was not necessary to regulate the wireless telephone sector, the Canadian Radio-television and Telecommunications Commission (CRTC) decided this past April to revisit its decision and hold public consultations on the matter. It should soon announce whether or not it believes that formal regulation is required to ensure that the sector remains competitive. Wireless telephony now includes data transmission and has become a competitive factor for businesses in an environment in which communications technologies are developing rapidly.
Research Paper on the economic impact of agricultural marketing boards
In order to promote a change of agricultural policy, we briefly review the cases of countries that have abolished or are in the process of abolishing quota systems: the buyback and abandonment of milk quotas in Australia, of tobacco and peanut quotas in the United States, the elimination of milk quotas in Switzerland and the beginnings of a process of abandonment of milk quotas in Europe. Canada could follow these examples by abandoning mandatory membership in marketing boards and by imposing a temporary tax to buy back farming quotas.
Overview of studies about the positive impacts of coordination agreements between air carriers
Traditional airlines have had a lot of trouble remaining profitable over the past decade. In order to cut costs, they formed partnerships to coordinate ticket sales, flight schedules and baggage handling among other things, while simplifying connections. This need to reduce costs has become even more crucial with recent increases and constant fluctuations in the price of oil and with the greater competition stemming from the arrival of a large number of "low-cost" carriers onto the market.
Economic Note proposing the development of several hydroelectric projects
Up until now, Quebec's hydroelectric production has mostly been associated with very large scale projects like the James Bay and Manicouagan dams. At the other extreme, the Quebec government has left the operation of small installations, 50 megawatts (MW) or less, to the private sector, which is experiencing increasing success at that level. However, an important portion of Quebec's hydroelectric potential remains unexploited: that of medium scale projects.
Research Paper on the economic and political interests that Quebec and Alberta have in common
In recent years, the sometimes strained, sometimes fruitful relationship between Quebec and Alberta has attracted a lot of attention. The issues raised by this relationship will have undeniable impacts on Quebec's future: equalization, the division of powers between Ottawa and the provinces, the energy future, climate change, etc. Despite the importance of these questions, the relationship between Quebec and Alberta has never been the object of extensive study.
Economic Note on the liberalization of the Canadian postal sector
After months of unsuccessful negotiations and conciliation talks, Canada Post workers voted by a margin of 94.5% in favour of going on strike at the end of May if they do not reach a negotiated settlement with their employer. The time is right to evaluate the costs that a postal service monopoly imposes on consumers and on the economy as a whole. To determine which reforms might lead to the best postal service at the best price, we should study the experiences of other countries.