References in periodicals archive
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(4) See Richardson (1991) for an analysis of this effect in a strategic duopsony setting.
Disregarding the SSEB, and the possibly emerging independent generating stations, the monopsony will be succeeded by duopsony. The buyers, however, will have the choice of purchasing (apart from gas, fuel oil and French electricity) either domestic or imported coal.
This is an effect of their duopsony market structure and the advantages it confers.
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