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Competition agency guidelines, policy statements and related advocacy are an important vehicle for policy expression … guidelines and policy statements has, arguably, been particularly important in the context of the competition policy treatment of … intellectual property rights, given the complexity of this area, the importance that competition agencies attach to it, and its …
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This paper shows the possibility of higher welfare under Cournot competition in an asymmetric cost duopoly when the … higher under Cournot competition compared to Bertrand competition when the initial cost difference of these firms is moderate …; but, for very small or very large cost initial cost differences, welfare is higher under Bertrand competition. If …
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