restrictive price-cap regulation in the X market decreases Y market quantities; but restrictive caps in the X market have a … positive impact on Y market outputs. Behavior in laboratory markets confirms these propositions. Regulation that lowers X …

While competition between firms producing substitutes is well understood, less is known about rivalry between … to raise prices, even if all browser competition exits. This may seem surprising since it runs counter to the traditional …

the economics, technology, and history of online competition. Online platforms face dynamic competition as a result of …: disruptive innovation that provides opportunities for entry; competition from online platforms that have secured a toehold in one … firms competing for consumer attention and advertiser dollars. The last two decades of online platform competition …

, although anti-competitive mergers harm competition ex-post, barriers and costs of merging due to regulation should be reduced … to promote competition ex-ante …

generalise the approach and analyse the behaviour of a competition authority, which attaches different weights to the firms' and … restrictions also depends on the competition authority's instruments. The essential insights continue to apply if firms are …

This paper studies how competition and vertical structure jointly determine generating capacities, retail prices, and … before they buy electricity in the wholesale market, we show that welfare is highest if competition in generation and …

the “tragedy” and the lack of competition which might exist in an integrated market structure. In this paper we analyze … competition, lowers prices and enhances consumer surplus. However, when quality leadership is shared, “disintegrating” firms may …

of all purchasing costs, than duopoly. This implies that in the process of opening a monopolistic market to competition …

This paper develops a model that formalizes several connections between mergers, collusion and competition policy. In …) and the competition authority can only deter collusion by restricting mergers. Finally, we highlight that mergers could be … more harmful (less beneficial) than expected if the impact that mergers have on the competition regime is properly …