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Collusive Conduct in Duopolies: Multimarket Contact and Cross-Ownership in the Mobile Telephone Industry
Open accessAbstract
The deregulation of the telecommunications industry has resulted in a variety of industry structures which have been created in hopes of increasing competition. One example is the licensing of cellular telephone services in the United States where the FCC created duopolies in which two firms were granted licenses to compete in strictly defined product and geographic markets. Taking advantage of the unique regulatory environment, we test to what degree duopolistic competition leads to competitive market outcomes. We find that cross-ownership and multimarket contact are important factors in explaining non-competitive prices
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Citations
Cited by
Anticompetitive Effects of Common Ownership
AZAR, J., SCHMALZ, M. C., & TECU, I. (2018) · The Journal of Finance · doi:10.1111/jofi.12698 · Cited by 980
Overlapping Ownership, R&D Spillovers, and Antitrust Policy
López, Á. L., & Vives, X. (2019) · Journal of Political Economy · doi:10.1086/701811 · Cited by 303
MULTIMARKET CONTACT, ECONOMIES OF SCOPE, AND FIRM PERFORMANCE.
Gimeno, J., & Woo, C. Y. (1999) · Academy of Management Journal · doi:10.2307/256917 · Cited by 273
Gruber, H., & Verboven, F. (2001) · International Journal of Industrial Organization · doi:10.1016/s0167-7187(01)00069-8 · Cited by 270
Common-Ownership Concentration and Corporate Conduct
Schmalz, M. C. (2018) · Annual Review of Financial Economics · doi:10.1146/annurev-financial-110217-022747 · Cited by 257
Metadata
- Authors
- Parker, P. M., & Roller, L.-H.
- Venue
- The RAND Journal of Economics
- Publisher
- Wiley
- Published
- 1997
- Volume
- 28
- Issue
- 2
- Pages
- 304
- ISSN
- 0741-6261 (ISSN-L)
- OpenAlex
- W2009925288
- Cited by
- 372
- References
- 0
- FWCI
- 25.11
- Type
- journal article
- Language
- en
- Open access
- green
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- Parker, P. M., & Roller, L.-H. (1997). Collusive Conduct in Duopolies: Multimarket Contact and Cross-Ownership in the Mobile Telephone Industry. The RAND Journal of Economics. https://doi.org/10.2307/2555807
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