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Multiemployer collective bargaining relationships between unions and employer associations easily devolve into legalized cartels. Once unions establish themselves as the bargaining representative for employers’ employees, the employers have much to gain from banding together as an association,...
Persistent link: https://www.econbiz.de/10014200477
that the monopoly platform does not introduce distortions over and above those arising from the market power of the …
Persistent link: https://www.econbiz.de/10014219994
The power of today’s tech giants has prompted calls for changes in antitrust law and policy which, for decades, has been exceedingly permissive in merger enforcement and in constraining dominant firm conduct. Economically, the fear is that the largest digital platforms are so dominant and its...
Persistent link: https://www.econbiz.de/10014106904
this points to online platforms facing sleepless nights since any online platform that tries the quiet life of monopoly …
Persistent link: https://www.econbiz.de/10012951065
"monopoly price-gap", with monopoly and monopsony prices as two features of the same phenomenon …
Persistent link: https://www.econbiz.de/10012956999
interoperability requirements as superior to both regulated monopoly and the break-up of dominant firms. In theory, by compelling firms … economies without leaving markets vulnerable to monopoly power. Examples of successful coordination include the provision of … their monopoly power. Specifically, by imposing high fixed costs to connect to common infrastructure, allowing dominant …
Persistent link: https://www.econbiz.de/10013218961
begins by characterizing the optimal regulation of a monopoly supplier that is better informed than the regulator about its …. Yardstick regulation, procedures for awarding monopoly franchises, and optimal industry structuring are analyzed. The chapter …
Persistent link: https://www.econbiz.de/10014024589
result that there is only one monopoly profit and thus there is no gain from bundling. This folk theorem relies on some … consumption levels, then it is generally the case that a firm can extend a monopoly from A into a competitive B market. While it … firm offers to scale back its monopoly price in return for getting a price premium in a second market. The reduction in …
Persistent link: https://www.econbiz.de/10014028966
We consider a heretofore unexplored explanation for why platforms, such as Internet service providers, might impose download limits on content consumers: doing so increases the degree to which those consumers view content providers products as substitutes. This, in turn, intensifies competition...
Persistent link: https://www.econbiz.de/10013056149
by Dr. Carolyn Gideon, to stress the immanent threat of network markets turning into a monopoly. This theses ends in …
Persistent link: https://www.econbiz.de/10010245059