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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
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 … heterogeneous concerning costs and the timing of output choices. …
Persistent link: https://www.econbiz.de/10013257050
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
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
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
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
This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...
Persistent link: https://www.econbiz.de/10014023495
distinguishable types. This contribution explains absolute market power (single-firm monopoly and dominance), collective market power … market entries to discipline the behavior of powerful incumbents on monopoly or dominance markets. Recently, contestability …
Persistent link: https://www.econbiz.de/10014536299