We study the efficiency of oligopoly equilibria in congested markets. The motivating examples are the allocation of … network flows in a communication network or of traffic in a transportation network. We show that increasing competition among …

We study the collusive efficacy of competition clauses (CC) such as the meeting competition clause (MCC) and the … beating competition clauses (BCC) in a general framework. In contrast to previous theoretical studies, we allow for repeated …

competition in both markets. I consider a demand structure where both Cournot and Bertrand competition can be evaluated. Bundling … is completely ineffective when firms compete in quantities. On the contrary, under Bertrand competition, selling the two …