Gabszewicz, Jean Jaskold; Zanaj, Skerdilajda - 2008
agreements. Section 3
concludes.
2
2 Industry equilibria under decreasing returns
In this section, we develop the procedure … technology on collusive agreements
Collusive agreements between upstream and dowsntream firms eliminate dou-
ble marginalization … agreements can lead to
foreclosure of rivals firms in the downstream market, which has the opposite
effect on the price of the …