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generalise the approach and analyse the behaviour of a competition authority, which attaches different weights to the firms' and … restrictions also depends on the competition authority's instruments. The essential insights continue to apply if firms are …
Persistent link: https://www.econbiz.de/10013257050
This paper studies how competition and vertical structure jointly determine generating capacities, retail prices, and … before they buy electricity in the wholesale market, we show that welfare is highest if competition in generation and …
Persistent link: https://www.econbiz.de/10012023903
Robert Bork's Antitrust Paradox (1978) has been justification for lack of antitrust behavior for over four decades. His test essentially asks if consumers are harmed by the pricing practices of the firm in the market in which they purchase the good or service. Even if these firms are monopoly or...
Persistent link: https://www.econbiz.de/10012804859
competition by a competitive fringe that produces low quality. We show that the brand manufacturer optimally provides a decoy good …
Persistent link: https://www.econbiz.de/10011557863
the successful introduction of competition in the telecommunications sector. The main reason behind this success is that … telecommunications is in line with micro-economic theory, which predicts an increase in efficiency and lower prices when markets are … opened up to competition. The success in the telecommunications sector is often used as an argument for opening up other …
Persistent link: https://www.econbiz.de/10003285766
competition for consumers. -- Platforms ; Software ; Two-sided markets …
Persistent link: https://www.econbiz.de/10003691582
same time increases competition. As a result, the platform lowers the firm fees and raises the consumer charges. In … competition. In this case, the platform raises both the charge to the consumers and the fee for the firms. …
Persistent link: https://www.econbiz.de/10011374421
In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the assumption that some firms collude and control both the range of variants for sale and their corresponding prices, likewise a multiproduct firm. We analyse whether pruning...
Persistent link: https://www.econbiz.de/10011451580
costs to the products being advertised, - Elimination (or non-emergence) of competition in markets to the products being …
Persistent link: https://www.econbiz.de/10012151937
, we consider symmetric Cournot competition and show that the endogenous level of CSR is positive for any given number of …
Persistent link: https://www.econbiz.de/10011659485