Footnote:
In: Regulation, Vol. 34, No. 4, p. 12, Winter 2011-2012
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 9, 2012 erstellt
Description:
Policymakers often assume that there is considerable market power under duopoly and oligopoly. However, theoretical analysis is ambiguous about the nature of duopoly and empirical and experimental analysis reveal many examples of duopolistic markets that are highly competitive, while attempts to broaden those markets could lead to consumer harm. This paper reviews the theoretical and empirical evidence on duopolies and market power