second part discusses the nature of competition between intermediaries, addressing issues as competitive crosssubsidies …

We show how temporary ownership by private equity firms affects industry structure, competition and welfare. Temporary … rivals from obtaining assets. These incentives benefit consumers, but harm rivals in the industry. Evaluating optimal …

counterproductive. In particular, we identify a number of situations in which ad-adverse consumers are negatively affected by the tax …, and we even show that the tax may lead to higher ad volumes. This unorthodox reaction to a tax may arise when consumers …

This paper shows that consumers may buy more of a taxed good if it is sold by a two-sided platform firm. Two …

welfare losses is 1/ n2 . The results extend to demand schedule competition and a range of applications in product and …

uncertain costs. It is found that with supply function competition, and in contrast to Bayesian Cournot competition … the collusive level. Furthermore, competition in supply functions aggregates the dispersed information of firms (the … equilibrium is privately revealing) while Cournot competition does not. The implication is that with the former the only source of …