The assortment of winesproduced in Moldova iscurrently dominated by cosmopolitan varieties, mainly of the French. Global wine market study hasshownthat consumers are more attracted to wine-surprise, unknown. In this context many countrie shave resorted to valorisation of indigenous varieties and...

Non-controlling minority shareholdings in rivals (NCMS) lower the sustainability of collusion under a wide variety of circumstances. Nevertheless, NCMS are sometimes deemed to facilitate collusion, in particular if the level of NCMS is exogenous. The present paper endogenizes firms' choice of...