The current global pandemic has presented challenges unprecedented in our lifetimes, including the upheaval of supply-and-demand dynamics and other market distortions in numerous sectors of the world economy. Join Tim Snail and other panelists for a discussion of price gouging, damages and antitrust, the economic analysis of them, and the public and private measures available to prevent or remedy price gouging.
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How capacity constraints shape unilateral price effects in horizontal mergers
Examples include hospitals with a fixed number of beds, and hotels with a fixed number of rooms. In the article “Unilateral Price Effects in Horizontal...