JAN-14(2)

This issue, sponsored by Rosa Abrantes-Metz, takes a global look at the vexing question of an essential—but contentious—oligopoly, the credit rating agencies. And while almost everybody agrees that CRAs are potentially problematic, very few seem to agree on how to analyze them—much less what changes (if any) should be made. And then there are numerous questions: Do antitrust rules apply? After all, dominance in itself is not illegal. And what about the difference between r