Oligopoly study reveals hidden competition dynamics in interconnected markets.
The article explores competition in related markets through empirical and theoretical analysis. The researchers conducted tests to understand the heterogeneity in oligopoly, where a few firms dominate the market. They found that different firms may have varying levels of market power, leading to complex interactions and outcomes. The study aims to shed light on how competition works in interconnected markets and how firms' strategies can impact overall market dynamics.