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Research Article
Russian Journal of Economics 4(2): 175-196
https://doi.org/10.3897/j.ruje.4.27031 (30 Jun 2018)
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  • 1. Introduction
  • 2. Some indications from the literature
    • 2.1. Initial syntheses
    • 2.2. Recent developments
    • 2.3. A different perspective
  • 3. Revisiting bilateral monopoly’s model
    • 3.1. Bilateral monopoly with zero transaction costs
    • 3.2. Bilateral monopoly with positive transaction costs and externalities
    • 3.3. Bilateral monopoly with positive transaction costs and structural alternatives for internalizing externalities
  • 4. Three illustrative cases
    • 4.1. MMK — RUSAL
    • 4.2. Sayanskhimplast — Rosneft
    • 4.3. Uralkali — Solikamsk Magnesium Plant
    • 3.4. Some lessons from these cases
  • 5. The role of antitrust authority
    • 5.1. Bilateral monopoly in Russian legislation
    • 5.2. Alternative modes of intervention
  • 6. Conclusions
  • Acknowledgements
  • References
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