market power is a cornerstone of competition law regimes worldwide. Yet notwithstanding the social costs of monopoly modern …." Importantly, anticompetitive conduct can take place both on the road to monopoly and, later on, once substantial market power has …

This paper makes use of evolutionary, institutional and behavioural economics to develop a theory of the non … derive testable implications which align well with existing data and consider the implications our theory has for managerial …

We analyze monopoly power in a market for a complementary fossil resource like oil in a two country/two period model …

An applied general equilibrium analysis of monopoly power is proposed as an alternative to the partial equilibrium … analyses of monopoly pricing current in antitrust economics. This analysis introduces a new notion of market equilibrium where … firms with monopoly power are cost-minimizing price-takers in competitive factor markets and make supracompetitive profits …

This paper develops a model of monopoly for necessities. Such goods are characterized by inelastic demand and cannot be … analyzed by the standard model of monopoly. Profit maximization reduces consumers to absolute misery and in one specification …

Richard Markovits’ view that “neither the pre-conduct nor the post-conduct possession of monopoly power should as a … will achieve monopoly status. Market power may measure how close a firm is to monopoly status but is not a measure of its …

The purpose of this paper is to outline a consistent microeconomic theory of the firm based on the concept of monopoly … power. It builds on the heritage of Post Keynesian authors, Robinson, Kaldor, and Kalecki, but literally extends the theory … in several directions. First, monopoly power is defined formally in terms of substitution. In this way, monopoly power is …