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modes: leasing and selling. Given a marketing mode, at the beginning of the first period, an incumbent supplier and the … monopolist always chooses the open supply chain in the leasing mode, although the exclusive supply chain is attainable in the …; otherwise, it chooses the leasing mode. Regardless of the chosen marketing mode, the open supply chain always occurs on the …
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This paper provides an economic analysis of the competition effects of UEFA's financial fair play regulations. It concludes that the restrictive effects of the break-even rule cannot be justified by a legitimate objective defense (according to European competition policy) because significant...
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