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all the bargaining power at the production stage, while it vanishes when the buyer and suppliers' weights are balanced … suppliers. Conditional on market foreclosure, the probability that final consumers are harmed is positive only if the buyer has … more bargaining power when selecting suppliers than when negotiating over quantities and intermediate prices. The buyer …
Persistent link: https://www.econbiz.de/10012494786
antitrust and EU competition law by (selectively) including state antitrust laws as well as laws that pursue objectives …
Persistent link: https://www.econbiz.de/10014149008
We show that in many applied economic models, it is possible to reduce the dimensionality of the space of actions to what we call sufficient decisions. We find that for monopoly and oligopoly in multi-sided markets and multi-product markets, the market equilibrium can be transformed into an...
Persistent link: https://www.econbiz.de/10013033140
I present an overview of the antitrust literature on sports leagues, with particular emphasis on the National Collegiate Athletic Association, the National Football League, Major League Baseball, the National Basketball Association, and the National Hockey League, as well as on sanctioning...
Persistent link: https://www.econbiz.de/10012721103
This chapter analyzes the private rationale and the social costs and benefits of market foreclosure, here defined as a … vertical foreclosure (in which full access to a bottleneck input is denied to competitors) and provides an overview of the … private costs and benefits of foreclosure. The chapter then turns to horizontal foreclosure , where the monopoly good is sold …
Persistent link: https://www.econbiz.de/10014024583
This article examines a model of competition between two types of health insurer: Health Maintenance Organizations … of HMOs in the case of exclusivity contracts between HMOs and providers. Surprisingly, our model shows that the interplay …
Persistent link: https://www.econbiz.de/10011472211
This paper (only available in Spanish) summarises the relevant literature in the field of vertical restraints in connection with retail markets and distribution, and provides some insights from Chilean practice
Persistent link: https://www.econbiz.de/10013155761
Conventional wisdom presumes that a supplier in a monopolistic market, or in an oligopolistic market that is not perfectly competitive, has the power to charge a supra-competitive wholesale price. In contrast, elaborating on recent economics studies, this Article shows that the supplier of an...
Persistent link: https://www.econbiz.de/10014180283
Conventional wisdom presumes that a supplier in a monopolistic market, or in an oligopolistic market that is not perfectly competitive, has the power to charge a supra-competitive wholesale price. In contrast, elaborating on recent economics studies, this Article shows that the supplier of an...
Persistent link: https://www.econbiz.de/10014117838
Persistent link: https://www.econbiz.de/10010462349