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It is well established that an incumbent firm may use exclusivity contracts so as to monopolize an industry or deter entry. Such an anticompetitive practice could be tolerated if it were associated with sufficiently large efficiency gains, e.g. insuring buyers against price volatility. In this...
Persistent link: https://www.econbiz.de/10011091743
Many commodities are traded on both a spot market and a derivative market. We show that an incumbent producer may use financial derivatives to extract rent from a potential entrant. The incumbent can indeed sell insurance to a large buyer to commit himself to compete aggressively in the spot...
Persistent link: https://www.econbiz.de/10011091883
Предметом исследования в статье является процесс демократизации в современном глобализирующемся мире. Глобализация теоретически изображается в виде...
Persistent link: https://www.econbiz.de/10011236799
the question, whether the monopolization of the area-at least a certain segment, has an impact on the biggest player on …
Persistent link: https://www.econbiz.de/10010819128
The aim of the present work is to present a systematic analysis of the process of ethnic monopolization of professional … combating ethnic monopolization of different types of professional activity in Russian multinational society. First of all, we … have developed theoretical basis for analysis of ethnic monopolization of professional activity in Russian multinational …
Persistent link: https://www.econbiz.de/10010819643
Considering a vertical structure with perfectly competitive upstream firms that deliver a homogenous good to a differentiated retail duopoly, we show that upstream fixed costs may help to monopolize the downstream market. We find that downstream prices increase in upstream firms' fixed costs...
Persistent link: https://www.econbiz.de/10010891249
The Microsoft antitrust case focused public attention on the role of antitrust enforcement in preserving the forces of … this paper, we examine whether innovation has displaced short-term price effects as the focus of antitrust enforcement by … have been consistent with the 1995 DOJ/FTC Antitrust Guidelines for the Licensing of Intellectual Property [IP Guidelines …
Persistent link: https://www.econbiz.de/10010843299
Persistent link: https://www.econbiz.de/10010866183
Considering a vertical structure with perfectly competitive upstream firms that deliver a homogenous good to a differentiated retail duopoly, we show that upstream fixed costs may help to monopolize the downstream market. We find that downstream prices increase in upstream firms' fixed costs...
Persistent link: https://www.econbiz.de/10010956796
equilibrium outcome. Moreover, we find that both monopolization and enduring market share and price fluctuations (price wars) can …
Persistent link: https://www.econbiz.de/10011065469