In this article, Michael Salinger shows how a dominant firm that faces competition for part but not all of its market can maintain prices above competitive levels by offering cliff discounts with a threshold that allocates some market share to its competitors. To read more, click the link below.
Data sharing in hybrid marketplaces with endogenous fee setting
The issue is especially timely given provisions in the EU’s Digital Markets Act (DMA) designed to expand access to data held by large digital platforms. The...