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sustainability of collusion in an infinitely repeated game framework. We show that the bundling strategy of the entrant might hinder … collusion. Futhermore, we consider a setting in which the entrant uses a one-way access that the incumbent possesses. In such … might increase the feasibility of collusion. This result has an important policy implication. …
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insight holds across any industry, we study this question with an application to the banking sector, in light of the recent …
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This paper shows how price leadership bans imposed, as part of the European Commission's State aid control, on all main mortgage providers but the largest bank shifted the Dutch mortgage market from a competitive to a collusive price leadership equilibrium. In May 2009, mortgage rates in The...
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likely characterize deposit pricing.The ability to distinguish differentiation from collusion is a new contribution …The study analyses the effects on banking competition of the changes in banking delivery and information collection … technologies and of the rivalry from outside the traditional banking sector.Key implications for monetary, regulatory and …
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