Pier Luigi Parcu is part-time Professor at the European University Institute (Italy) and Area Director of the Florence School of Regulation Communications & Media. He is Director of the Centre for Media Pluralism and Media Freedom and Director of the Florence Competition Program in Law and Economics. His research in the area of industrial organization and law and economics focuses on the interaction between regulation and antitrust in shaping firms' behavior. Timothy J. Brennan is professor of public policy and economics at University of Maryland, Baltimore County (US). He has published over 135 articles and book chapters, principally on antitrust and regulatory economics, including the electricity, telecommunications, postal, oil pipeline, and other infrastructure sectors. He also has a strong interest in the nexus between economics and philosophy, which he has applied to questions such as the ethics of discount rates and the role of consumer error in designing energy policy. Victor Glass is a professor of professional practice in the finance and economics department at Rutgers Business School (US). He is the director of the Center for Research in Regulated Industries. For almost thirty years, he was responsible for forecasting demand and setting access rates for more than 1,100 telephone companies and was heavily involved in regulatory reform. He has published studies of market and regulatory issues that have appeared in academic journals and trade magazines.