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good or service. Even if these firms are monopoly or oligopolies in their fields with huge economic rents, if they pass …
Persistent link: https://www.econbiz.de/10012804859
likely are entry restrictions, whereas a greater relevance of firms makes a monopoly more probable. The nature of entry …
Persistent link: https://www.econbiz.de/10013257050
market, monopoly pricing is well defined - as well as tests for predatory behavior; not so with multisided markets. Since the … markets for their potential for determining consumers' harm and welfare effects, as well as defining monopoly and predatory …
Persistent link: https://www.econbiz.de/10012151937
This article looks at the commonalities and disparities in the rules against single-firm market abuses in the US and in the EU and their enforcement. Despite they target the same type of business behaviour, the US and the EU have always followed divergent paths. This article will examine...
Persistent link: https://www.econbiz.de/10012948819
entry barriers of the search engine market. The Essay next discusses behavioral exploitation to maintain a monopoly. The …
Persistent link: https://www.econbiz.de/10014175581
The Department of Justice ("DOJ") monopoly report is enormously disappointing for a number of reasons. The Federal …
Persistent link: https://www.econbiz.de/10014213172
Complexity science is widely used across the policy spectrum but not in antitrust. This is unfortunate. Complexity science enables a rich understanding of competition beyond the simplistic descriptions of markets and firms proposed by neoclassical models and their contemporary neo-Brandeisian...
Persistent link: https://www.econbiz.de/10013296286
We present a model to explain why a manufacturer may impose a minimum resale price (min RPM) in a successive monopoly …
Persistent link: https://www.econbiz.de/10013539548
In some industries, monopoly is natural. One provider can serve the relevant demand cheaper than two or more firms. If … the monopoly is not contestable, i.e. not controlled by a credible threat of entry, regulation is necessary. The essential … downstream markets are not themselves natural monopolies. The holder of the monopoly is also himself active on one of these …
Persistent link: https://www.econbiz.de/10010324017
The paper first summarizes the benefits of competition, i.e. why competitive markets are more efficient than oligopolistic or monopolistic markets, and the threats to competitive markets from cartels, concentration, and government interference. In the main part, the paper presents the key...
Persistent link: https://www.econbiz.de/10013113678