Competition and price regulation of retail services in Belgium

Jacques Steenbergen and Alexis Walckiers

Reflets et perspectives de la vie économique, 2011, vol. L, issue 3, 53-71

Abstract: Not only the high level of prices for processed food, but also the significant price increases have stimulated political discussions in Belgium. There have for instance been calls for increased regulation of retail services through price regulation of goods that are deemed essential. This article reviews the issue of insufficient, or excessive, regulation of retail services, and discusses whether retail markets would deliver a better outcome for customers in the absence of some regulatory requirements.

Date: 2011
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