competition, akin to the competition in wholesale electricity markets. An acute form of market power may arise if a supplier is …

In theory, partial cross-ownership affects product prices and consumer welfare negatively, but empirical evidence is … highly controversial. For competition policy it is important whether such effects are substantial enough to cause action. We …

-pay duopolies, but places private-pay teams at a competitive disadvantage in mixed duopolies. Competition is softened by …

In the economic literature on market competition, firms are often modelled as individual decision makers and the … competition. Nevertheless, there are models of team-organization such that team-firms and individual firms are behaviorally … equivalent. This provides a theoretical foundation for the unitary player assumption in Cournot competition. We show that this …

In the economic literature on market competition, firms are often modeled as single decision makers and the internal … can not generally expect that the behavior of teams is equivalent to the behavior of individuals in Cournot competition … theoretical foundation for the unitary player assumption in Cournot competition. We show that this assumption is robust in …