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While competition between firms producing substitutes is well understood, less is known about rivalry between … to raise prices, even if all browser competition exits. This may seem surprising since it runs counter to the traditional …
Persistent link: https://www.econbiz.de/10012732764
We analyze competing strategic platforms setting fees to a local monopolist merchant and granting cash-back rebates to end users, when the merchant is prevented from surcharging platforms customers, as frequently occurs with credit cards. Each platform has an incentive to gain transactions by...
Persistent link: https://www.econbiz.de/10012942160
We analyze market dynamics under Bertrand duopoly competition in industries with network effects and consumer switching …
Persistent link: https://www.econbiz.de/10012724212
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 …
Persistent link: https://www.econbiz.de/10011737877
the economics, technology, and history of online competition. Online platforms face dynamic competition as a result of …: disruptive innovation that provides opportunities for entry; competition from online platforms that have secured a toehold in one … firms competing for consumer attention and advertiser dollars. The last two decades of online platform competition …
Persistent link: https://www.econbiz.de/10012951065
the same industry ("common ownership"). Concerns have been raised that common ownership might harm competition if it … ownership on airline prices using price regressions and a structural oligopoly model consistent with the theory of partial …
Persistent link: https://www.econbiz.de/10012951260
Recently, a number of papers have noted the dramatic increase in the extent to which institutional investors account for the ownership of publicly-traded stock, including holding ownership stakes in multiple market rivals. This change, in turn, has raised the intriguing or disturbing possibility...
Persistent link: https://www.econbiz.de/10012953360
This paper develops a model that formalizes several connections between mergers, collusion and competition policy. In …) and the competition authority can only deter collusion by restricting mergers. Finally, we highlight that mergers could be … more harmful (less beneficial) than expected if the impact that mergers have on the competition regime is properly …
Persistent link: https://www.econbiz.de/10014110460
gatekeeper to these consumers. Competitive strategies leading to intense competition on the consumer side reduce profits on that …
Persistent link: https://www.econbiz.de/10012586398
. It is routinely analysed in terms of game theory. Much less frequently, however, an obvious parallel is drawn. For cartel … at the theoretical and at the experimental levels. The paper contrasts oligopoly theory with public goods theory, and …
Persistent link: https://www.econbiz.de/10014058244