Purpose – The purpose of this paper is to focus on organisational change in Romania at the beginning of the twenty‐first century. This research raises the question on how transition and the change of conditions have contributed to the development of organisational culture after 1989. The...

A general equilibrium analysis of monopoly power is proposed as an alternative to the partial equilibrium analyses of monopolization common to most antitrust texts. This analysis introduces the notion of a cost minimizing market equilibrium. The empirical implications of this equilibrium concept...