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telecommunications: a monopoly of the local telecommunications network, as well as a monopoly in retail local telecommunications services … competitors. Thus, Verizon used its monopoly of the network infrastructure to disadvantage entrants in retail. In doing so … makes sense only insofar as it helps the defendant maintain or obtain monopoly power.” …
Persistent link: https://www.econbiz.de/10005184812
This paper derives and evaluates the decisions of a durable good monopolist in a context where demand for the services of the durable good changes over time. It shows that, if the size of the market decreases over time, social welfare may be higher when the monopolist has commitment ability than...
Persistent link: https://www.econbiz.de/10005187603
monopoly because each duopolist has a smaller market size than the monopolist. But social welfare in the monopoly is lower than …
Persistent link: https://www.econbiz.de/10010541719
monopoly because each duopolist has a smaller market size than the monopolist. But social welfare in the monopoly is lower than …
Persistent link: https://www.econbiz.de/10008867255
In this note, we propose a model where a quantity setting monopolist has incomplete knowledge of the demand function. In each period, the firm sets the quantity produced observing only the selling price and the slope of the demand curve at that quantity. Given this information and through a...
Persistent link: https://www.econbiz.de/10010573382
price discrimination. However, if monopoly power is "short lived" (for example due to copying), we show that, depending on …
Persistent link: https://www.econbiz.de/10005561432
A small region has a high cost monopolistic electricity generator. It is connected through a low capacity transmission line with a large, competitive low cost region. Access to the transmission line is auctioned. I show that, if consumers arbitrate on the regional price differences, the...
Persistent link: https://www.econbiz.de/10005503935
side” of the market) increases total industry surplus compared to the fully private optimum at which the monopoly platform …
Persistent link: https://www.econbiz.de/10005585461
Since 1979, when the first antidumping case against China was initiated by the European Union, the EU has lodged nearly 90 antidumping proceedings against China by the end of 2000. China by now, has become the country most accused of dumping by the EU. Most of the antidumping suits have led to...
Persistent link: https://www.econbiz.de/10005590802
intensity of preference for quality and their income, we study the optimal strategy of a natural monopoly : how many qualities … to produce ? Which qualities should be produced? What prices have to be set to maximize the monopoly profit? Considering … costless production, the monopoly optimal strategies are such that the consumers with the same income buy the same quality. The …
Persistent link: https://www.econbiz.de/10005696804