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It is well known that existence of monopoly is accompanied by economic inefficiency in the form of dead weight loss and … reduced consumer surplus. The consumer surplus that exists in case of perfect competition gets reduced in case of monopoly; as … a part of it goes to the monopolist in the form of monopoly profit, a part of it is lost in the form of deadweight loss …
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market, monopoly pricing is well defined - as well as tests for predatory behavior; not so with multisided markets. Since the … markets for their potential for determining consumers' harm and welfare effects, as well as defining monopoly and predatory …
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scheme for CBA to support him. The reverse of the CBA logic offers significant measure of deadweight loss due to monopoly …
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This paper presents simple conditions for monopoly third-degree price discrimination to have negative or positive …
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In this paper, we investigate if an increasing competition in an oligopolistic market will enhance the real incomes and consumer surplus in the long run. For this purpose, we apply a two-sector overlapping generation model in which members of the young generation own the oligopolistic firms. We...
Persistent link: https://www.econbiz.de/10012622703
This paper investigates an asymmetric duopoly model with a Hotelling line. We find that helping a small (minor) firm can reduce both social and consumer surplus. This makes a sharp contrast to existing works showing that helping minor firms can reduce social surplus but always improves consumer...
Persistent link: https://www.econbiz.de/10003921755
Merger control plays a central role in competition policy. When assessing proposed mergers, Competition Authorities should consider its impact on all relevant markets. Large mergers between manufacturers typically impact competition, thus requiring the approval of Competition Authorities....
Persistent link: https://www.econbiz.de/10014563099