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good or service. Even if these firms are monopoly or oligopolies in their fields with huge economic rents, if they pass …
Persistent link: https://www.econbiz.de/10012804859
The paper applies the radical view of Monopoly Capitalism to the digital platform economy. Based on the seminal ideas … an evolution of large transnational corporations. Power and control in our Monopoly Capitalism view are then meant not …
Persistent link: https://www.econbiz.de/10012654745
This work analyzes the mutual dependence linking digital platforms, i.e., 'Big Tech', and the military apparatus. Three main elements are at the roots of such dependence: an 'originary linkage' binding the development of digital platforms with governments' R&D military efforts, the critical...
Persistent link: https://www.econbiz.de/10014448130
Consider a bottleneck monopoly whose access charge is regulated above marginal cost and provides access to an oligopoly …
Persistent link: https://www.econbiz.de/10014072817
This article provides a systematic analysis of the welfare effects of vertical integration by a monopolist input supplier into a monopolistically competitive downstream industry. We give sufficient conditions on consumer preferences that lead to Pareto-improving vertical integration and...
Persistent link: https://www.econbiz.de/10014182907
theory, the upstream firm has more difficulty commiting to supply the monopoly quantity in treatments with non …
Persistent link: https://www.econbiz.de/10014146973
theory, vertical integration improves the upstream firm's ability to commit to restricting output to the monopoly level, as …
Persistent link: https://www.econbiz.de/10014126754
We work on a linear bilateral monopoly to analyze the effects of firms' social concern. Both firms in the market, the … monopoly with two pure profit-maximizing firms. Therefore, firms' social responsibility results in a Pareto improvement …
Persistent link: https://www.econbiz.de/10013063976
Complexity science is widely used across the policy spectrum but not in antitrust. This is unfortunate. Complexity science enables a rich understanding of competition beyond the simplistic descriptions of markets and firms proposed by neoclassical models and their contemporary neo-Brandeisian...
Persistent link: https://www.econbiz.de/10013296286
This work analyzes the mutual dependence linking digital platforms, i.e., 'Big Tech', and the military apparatus. Three main elements are at the roots of such dependence: an 'originary linkage' binding the development of digital platforms with governments' R&D military efforts, the critical...
Persistent link: https://www.econbiz.de/10014450648