In this paper we study an oligopolistic equilibria in which (possibly few) corporations can create as many firms as they like. It is shown by means of two examples that under constant returns to scale, Subgame Perfect Nash Equilibria implies perf ect competition.
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Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie AD with number
1991-05.
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