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In this paper we analyze the equilibrium market structure, following liberalization, of an industry involving an essential facility. Two alternative modes of market entry are considered, in conjunction with vertical integration, namely: full entry, which means building a new and more efficient...
Persistent link: https://www.econbiz.de/10014221764
In this paper we consider a market situation in which initially there is an unintegrated monopoly upstream that owns an essential facility and two dowstream firms. Then the market is liberalized allowing upstream entry and vertical integration. The equilibrium entry mode - sharing the incumbent...
Persistent link: https://www.econbiz.de/10014069980
In this paper we consider a market situation in which initially there is an unintegrated monopoly upstream that owns an important facility and two dowstream firms. Then the market is liberalized allowing upstream entry and vertical integration. The equilibrium entry mode–sharing the incumbent...
Persistent link: https://www.econbiz.de/10005053624
En este artículo se estudian los equilibrios de mercado resultantes en una industria de facilidades esenciales, con un monopolio upstream y competencia oligopólica downstream, la que enfrenta posteriormente entrada en el segmento monopólico. Se encuentra que la competencia de duopolios...
Persistent link: https://www.econbiz.de/10005536830
I this paper we consider a market situation in which initially there is an unintegrated monopoly upstream entry and vertical integration. The equilibrium entry mode -sharing the incumbent facility or building a new facility- is derived as well as the equilibrium market structure. Several policy...
Persistent link: https://www.econbiz.de/10005698300