mechanism of this coordination is valuable for economic thinking and economic theory. However, the implications of the perfect … distinguishable types. This contribution explains absolute market power (single-firm monopoly and dominance), collective market power … original economic theory of contestability defines very strict conditions for perfectly contestable markets, antitrust has …

likely are entry restrictions, whereas a greater relevance of firms makes a monopoly more probable. The nature of entry …

The paper formalizes the intuition that brands are consumed for image reasons and that advertising creates a brand …'s image. The key idea is that advertising informs the public of brand names and creates the possibility of conspicuous …

participating in the market for public charging, but they should not be given exclusive monopoly authority to provide public EV …

(or brand loyalty), or over others with network effects. Firms compete ex ante for this ex post power, using penetration …, it later “tips” to monopoly, after which entry is hard, often even too hard given incompatibility. And while switching …