surplus-sharing and product differentiation, it is chosen by the second mover to avoid Bertrand competition. The equilibrium …

This paper studies how competition and vertical structure jointly determine generating capacities, retail prices, and … before they buy electricity in the wholesale market, we show that welfare is highest if competition in generation and …

same time increases competition. As a result, the platform lowers the firm fees and raises the consumer charges. In … competition. In this case, the platform raises both the charge to the consumers and the fee for the firms. …

same time increases competition. As a result, the platform lowers the firm fees and raises the consumer charges. In … competition. In this case, the platform raises both the charge to the consumers and the fee for the firms. …

surplus compared to duopoly competition between platforms that charge positive fees on content providers. We also discuss the …

intensified competition for consumers. …

the successful introduction of competition in the telecommunications sector. The main reason behind this success is that … telecommunications is in line with micro-economic theory, which predicts an increase in efficiency and lower prices when markets are … opened up to competition. The success in the telecommunications sector is often used as an argument for opening up other …

limitations of the available data, and the potential implications of common ownership for competition in Australia. …