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.

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26 May 2025

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LSE Europp

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https://blogs.lse.ac.uk/europpblog/2025/05/26/cultural-exception-why-regulating-the-book-market-contradicts-conventional-wisdom-about-competition/

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