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In many intermediate goods markets buyers and sellers both have market power. Contracts are usually long-term and negotiated bilaterally, codifying many elements in addition to price. We model such bilateral oligopolies as a set of simultaneous Rubenstein-Stahl bargainings over contracts...
Persistent link: https://www.econbiz.de/10005670108
The purpose of this report is to contribute to the analysis of two questions. Should a merger control system take into account efficiency gains from horizontal mergers, and balance these gains against the anti-competitive effects of mergers? If so, how should a system be designed to account for...
Persistent link: https://www.econbiz.de/10005670112
information and competence of households, in combination with stiffer competition among firms, will also increase the power of …
Persistent link: https://www.econbiz.de/10005082491
No abstract.
Persistent link: https://www.econbiz.de/10010611584
No abstract.
Persistent link: https://www.econbiz.de/10010611597
We show that, in the case when innovations are for sale, increased product market competition, captured by reduced … the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … in the industry. Moreover, it is shown that increased intensity of competition can increase the relative profitability of …
Persistent link: https://www.econbiz.de/10005419538
The competitive effect of international market integration in industries with imperfect competition is of great policy …
Persistent link: https://www.econbiz.de/10005639291
Government firms and authorities often sell services in the free market via affiliated consulting firms (CFs). In this study, I analyze whether these agents have an unfair competitive edge compared to private CFs. The theoretical analysis shows that private and state-owned CFs operate under...
Persistent link: https://www.econbiz.de/10005639292
cost inefficiencies, due to a "least danger to competition" (LDC) condition, which favors small, and thus inefficient …
Persistent link: https://www.econbiz.de/10005639318
Anticompetitive mergers increase competitors' profits, since they reduce competition. Using a model of endogenous …
Persistent link: https://www.econbiz.de/10005639320