The Archives

Everything written by Carlo Stagnaro on law, economics, and more

Pump and Circumstance: The Politics of Italy’s Fuel-Price Caps

The Italian government is claiming a victory at the pump. Eni, the country’s largest oil company, has announced a 30-day cap on retail fuel prices. Italy’s second-largest fuel retailer, IP, controlled by the State Oil Company of Azerbaijan Republic (Socar), followed suit, as did the third-largest, Q8. Smaller rivals warn that the caps could squeeze ... Pump and Circumstance: The Politics of Italy’s Fuel-Price Caps

The Price of Watching Prices: Italy’s Slow Slide from Markets to Management

If regulators could make markets behave simply by watching them more closely, Italy would be about to crack the code. Instead, the Italian government’s latest energy measures suggest something else: when prices rise, the instinct is not just to subsidize costs, but to supervise how those costs flow through the system—down to how firms bid, ... The Price of Watching Prices: Italy’s Slow Slide from Markets to Management