Demand, cost elasticities and pricing benchmarks in the hypothetical monopoly test: The consequences of a simple SSNIP

Applied Economics Letters

Volumn 10, Issue 9, 2003, Pages 545-548

  Dobbs, I M ^a  

^a NEWCASTLE UNIVERSITY   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

ELASTICITY; MARKET CONDITIONS; PRICE DYNAMICS;

EID: 0242275122     PISSN: 13504851     EISSN: None     Source Type: Journal    
DOI: 10.1080/1350485032000100242     Document Type: Article

References (16)

1. Baumol, W. J., Panzar, J. C. and Willig, R. D. (1982) Contestable Markets and the Theory of Industry Structure, Harcourt Brace Jovanovich, New York.
2. Chambers, R. G. (1988) Applied Production Analysis: a Dual Approach, Cambridge University Press, Cambridge.
3. Dobbs, I. M. (2001) The assessment of market power and market boundaries using the hypothetical monopoly test, Discussion Paper 2001/2, The Business School, University of Newcastle upon Tyne.
4. EU (2002) European Union - Commission services working document: Draft guidelines on market analysis and the assessment of significant market power under the Community regulatory framework for electronic communications networks and services, 21 February.
5. Harris, B. C. and Simons, J. J. (1989) Focusing market definition: how much substitution is necessary?, Research in Law and Economics, 12, 207-26.
6. Hartman, T. M. and Jorde (1993) Assessing market power in regimes of rapid technological change, Industrial and Corporate Change, 31, 323-4.
7. Hausman, J. A., Sidak, J. G. and Singer, H. J. (2001) Residential demand for broadband telecommunications and consumer access to unaffiliated internet content providers, Yale Journal on Regulation, 18, 129-73.
8. Lind, R. C., Muysert, P. and Walker, M. (2002) Innovation and competition policy, Economic Discussion Paper 3, Office of Fair Trading, London, available at: http://www.oft.gov.uk
9. Massey, P. (2000) Market definition and market power in competition analysis: some practical issues, The Economic and Social Review, 4, 309-28.
10. OFT (1998) A guide to the provisions of the Competition Act 1998: Market Definition, Office of Fair Trading, London, available at: http://www.oft.gov.uk
11. OFTEL (2000) Consultation on the future interconnection arrangements for dial-up internet in the UK, November 2000, available at: http://www.oftel.co.uk
12. OFTEL (2002a) Imposing access obligations under the new EU directives, a consultation on guidelines, available at: http://www.oftel.co.uk
13. OFTEL (2002b) Direction to resolve a dispute between BT, Energis and Thus concerning xDSL interconnection at the ATM switch, 14 June available at: http://www.oftel.co.uk
14. US Department of Justice and the Federal Trade Commission (DOJ) (1984) Horizontal Merger Guidelines, USDOJ, Washington DC.
15. Varian, H. (1992) Microeconomic Analysis, 3rd edn, Norton, New York.
16. Werden, G. J. (1998) Demand elasticities in anti-trust analysis, Antitrust Law Journal, 66, 363-414.