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Regulation and competition policy are two alternative modalities by which the state intervenes in the market. In order … those where competition policy works better (market power-based failures such as an artificial monopoly or cartel). We also … various industrial organizations (monopoly, duopoly, Walrasian limit) under the symmetric Cournot competition. We also deal …
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We propose an analysis of platform competition based on the academic literature with a view towards competition policy …. First, we discuss to which extent competition can emerge in digital markets and show which forms it can take. In particular … competition in platform markets. Second, we analyse competition policy issues and discuss how rules designed for standard markets …
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We investigate the trade-off between financial stability and competition policy by focusing on the merger of ABN AMRO … products using a random-coefficients logit model. On the supply side we assume Bertrand Nash competition in a multiproduct …
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Regulators have long been aware of the social aspects of communication. In the past, regulated monopolists have provided Universal Service Obligations, typically funded via a system of cross-subsidies. In this paper, we first review the rationale for imposing Universal Service Obligations, based...
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