And you wouldn't dare insult me, sir,
If Jack were only here.
Thursday, September 01, 2011
Ambiguities of Competition: Mexico
Economist's special on Mexico makes a thorough and plausible (but somewhat predictable) onslaught against cartelization in, e.g., telecom, oil, pharma, air transport, etc. One industry that is not cartelized, per the E: the "other" pharma, the Mexican drug (as we call them) cartels. Lower murder rate in telecoms, though, I suspect.