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What price should entrants pay an incumbent monopoly for use of its assets? Courts, legislators, and regulators have at … to increase the competitiveness of retail markets. This paper compares two rules for pricing such monopoly inputs …
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downstream monopoly and an upstream duopoly, where manufacturers produce differentiated products and can gain proficiency through …
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We review the Chicago school's single monopoly profit theory whereby an upstream monopolist cannot increase its profits …
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We study the incentives of firms that hold partial vertical ownership to foreclose rivals. Compared to a full vertical merger, with partial ownership, a firm may obtain only part of the target's profit but may nevertheless be able to influence the target's strategy significantly. The target may...
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We study the optimal regulation of a monopolist when intrinsic efficiency (intrinsic cost) and empire building tendency …
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