Using Auctions to Jump-Start Competition and Short-Circuit Incumbent Market Power
Ohio's proposal for retail marketing areas would give all customers meaningful choice and all suppliers even footing.
When grocery shoppers go looking for a can of tuna fish, they must decide which brand to buy. No particular brand will jump off the shelf into their shopping carts. The same is true with automobiles or any other consumer good. First you choose a make and model. Electricity and other utilities, however, are a special case. In the transition from monopoly to competition, consumers face a different prospect.