{"id":112194,"date":"2024-01-22T17:31:01","date_gmt":"2024-01-22T16:31:01","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/112194\/"},"modified":"2025-10-22T21:46:42","modified_gmt":"2025-10-22T19:46:42","slug":"liberalisation-competitions-and-ownership-in-the-presence-of-vertical-relations","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/112194\/","title":{"rendered":"Liberalisation, Competitions and Ownership in the Presence of Vertical Relations"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-112194","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"This article analyses a market with an upstream bottleneck monopoly and a downstream activity that may either be vertically integrated or separated. Separation always reduces the consumer surplus, and the total surplus unless there are large cost reductions. Downstream competition from a public or private network monopoly would crowd out other firms, also when public ownership is associated with more modest objectives than welfare maximisation. A market is therefore less likely to remain a mixed oligopoly than without vertical relations. However, private firms would survive in a moderately welfare-improving mixed oligopoly with cross-subsidisation and access charges equal to marginal costs.","onlinedate":"2008-11-01 01:00:00","lang":"English","publication_series":"","publication_date":"20081101","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Liberalisation\",\"Mixed oligopoly\",\"Privatisation\",\"Vertical separation\"]","jelcodes":"[]","related_publications":"[]","pdf":null,"zip":null,"link":"http:\/\/www.springer.com\/10663","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"35","monthly_report_pages":"449-464","monthly_report_pages_sort":"449","issue":"5","journal":"Empirica","publisher":"","invisible":false,"external":true,"embargo_date":null,"types":[83083],"research_groups":[3491],"collaboration":"","persons":[14287],"persons_data":"[{\"personId\":14287,\"personName\":\"Johan Willner\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - 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