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This paper presents an overview of what economists can say about vertical constraints by multi-sided platforms at this stage in the development of our knowledge about the economics of these businesses. It describes the general procompetitive and anticompetitive uses of vertical restraints by...
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Are large digital platforms that deal directly with consumers “winner take all,” or natural monopoly, firms? That …? Sometimes the best way to deal with platform monopoly is to break up ownership and management rather than assets. Leaving the …
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We present a model to explain why a manufacturer may impose a minimum resale price (min RPM) in a successive monopoly …
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