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Predatory selling has been evaluated and assessed by antitrust regulators, the courts, and the economics profession. Recently the spotlight has turned to alleged predatory buying. The criteria for determining in output markets whether monopolists or oligopolists are engaged in predatory actions...
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Increased coordination along the production-marketing chain has considerably changed the structure, conduct and performance of the industries as well as the organization of the marketing system (Manchester, 1997; MacDonald et al, 2000). Such changes have economic implications in terms of prices,...
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. This paper uses value capture theory to investigate how vertical integration impacts the firm’s ability to extract rents …
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Theoretical reasoning shows that spatial effects of transport cost reductions may crucially depend on market structures in the tradables sector (degree of market power, strength of economies of scale, free or no free entry). The aim of this paper is to compare empirically the effects of...
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