Cost-based access regulation and collusion in a differentiated duopoly
AbstractThis paper revisits the conventional doctrine that "it is easier to collude among equals", applied in the context of vertically related markets. In a differentiated duopoly model, we study how cost-based access price regulation may hinder the sustainability of tacit collusion.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 106 (2010)
Issue (Month): 3 (March)
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Web page: http://www.elsevier.com/locate/ecolet
Collusion Access Regulation Vertical structure;
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