@article { , title = {Product market cooperation, entry and consumer welfare}, abstract = {It is usually believed that product-market cooperation among the competing firms is detrimental for the consumers. We show that this view may not be true in an endogenously determined market structure. Product-market cooperation may benefit the consumers by inducing entry of new firms. Our result is important for competition policies.}, doi = {10.1016/j.iref.2016.02.017}, issn = {1059-0560}, journal = {International Review of Economics \& Finance}, pages = {277-280}, publicationstatus = {Published}, publisher = {Elsevier}, url = {https://nottingham-repository.worktribe.com/output/1394370}, volume = {44}, keyword = {Economics and Econometrics, Finance}, year = {2016}, author = {Liu, Chih-Chen and Mukherjee, Arijit and Wang, Leonard F.S.} }