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the mobile phone market in Ireland. The paper argues that the regulator's decision was inconsistent with the facts in the …
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We show that Initial Coin Offerings (ICOs) can limit rent-seeking activities of large firms with market power while preserving efficiency gains due to network effects. We model ICOs of utility tokens, which can be used to finance development of online platforms where buyers and sellers can meet...
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that the regulator should extend regulation to the price and quantity which the dominant firm bids for holding new …
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