We present an in-depth analysis of the music industry and use our findings to judge the practicalassumptions and design of an original theoretical model. The model is in three stages, where, in aHotelling-type framework, the last agents to act are consumers who choose between copying,...

The spatial dimension of most agricultural raw product markets (e.g., milk) and the high concentration of food processors facilitate the exercise of market power towards farmers. In the milk sector, processors that are investor-owned firms (IOFs) compete alongside processing cooperatives (COOPs)...