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Product market cooperation, entry and consumer welfare

Liu, Chih-Chen; Mukherjee, Arijit; Wang, Leonard F.S.


Chih-Chen Liu

Leonard F.S. Wang


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.

Journal Article Type Article
Publication Date 2016-07
Journal International Review of Economics & Finance
Print ISSN 1059-0560
Publisher Elsevier
Peer Reviewed Peer Reviewed
Volume 44
Pages 277-280
APA6 Citation Liu, C., Mukherjee, A., & Wang, L. F. (2016). Product market cooperation, entry and consumer welfare. International Review of Economics and Finance, 44, 277-280. doi:10.1016/j.iref.2016.02.017
Keywords Economics and Econometrics; Finance
Publisher URL
Additional Information This article is maintained by: Elsevier; Article Title: Product market cooperation, entry and consumer welfare; Journal Title: International Review of Economics & Finance; CrossRef DOI link to publisher maintained version:; Content Type: article; Copyright: © 2016 Elsevier Inc. All rights reserved.