If an intermediary offers sellers a platform to reach consumers, he may face a hold-up problem: sellers suspect that the intermediary will enter their respective market, competing with them. As sellers fear that they cannot recoup their sunk costs of entry, they do not join the platform. Hence,...

The article aims at verifying some features of packaging waste management system, as it has been organized in Italy, with particular regards to its impact on competition and compliance with antitrust principles. According to a faculty foreseen by the Italian law, many consortia have been set up...