Collegiality and efficiency in bureaucracy

This article addresses the relation between design of regulatory agencies and efficiency, arguing that authority concentrated to a single individual outperforms more collegial decision-making when regulated firms’ interests are aligned. The tentative explanation is leadership reduces risk for capture. argument developed from an empirical case on markets mobile fixed broadband. In market, firms similarly positioned, whereas in broadband typically have adversarial positions, with incumbent being challenged by entrants. A statistical analysis 33 European countries lends support regulation benefits having decision-maker bureaucratic collegiality functions as well