Monopolists for Competition? Incumbent Action by Telecom Operators and Financial Exchanges 1980–1990
Datos Bibliográficos
| ID | 8419983 |
|---|---|
| Autores | Erik Lakomaa (0000-0002-8717-8164, Stockholm School of Economics, autor de correspondencia), Rasmus Nykvist (0000-0001-6558-0817, Stockholm School of Economics) |
| Año | 2025 |
| Páginas | 1-34 |
| Fecha de publicación | 2025-10-24 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | Business History (JOURNAL) |
| Identificadores de la revista | ISSN: 0007-6791 • E-ISSN: 1743-7938 |
| Editorial | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00076791.2025.2539273 |
| OpenAlex | W4415513001 |
| Idioma | EN |
| Referencias citadas | 62 |
Achieving and maintaining a monopolist position is often assumed to be among the objectives of a firm. However, there are instances where it is better to operate in a competitive market than remain a monopolist. Monopolistic firms may, therefore, push for deregulation - at least on their terms. We introduce the concept of monopolists for competition to analyse two such companies, Swedish telecom operator Televerket and the Stockholm Stock Exchange (SSE). Thus, the paper contributes to the literature on incumbent action and corporate political activity (CPA) by state-owned/state-controlled companies, a field that has received little interest in business history research. We find that the personal political skills of the companies' managers played a crucial role in the deregulatory process, as institutional obstacles prevented them from using many standard CPA tools. Fear of being perceived as monopolistic also restricted them from leveraging their market positions when controlling the evolving market structures
Action (physics · Competition (biology · Deregulation · Monopolistic competition · Politics · Position (finance · Stock (firearms · Stock market · Corporate Finance and Governance · Merger and Competition Analysis · Political Influence and Corporate Strategies
Network Nation
Private and Public Enterprise in Europe
Corporate Political Activity
Corporate PAC Campaign Contributions in Perspective
De Facto Political Power and Institutional Persistence
Integrated Strategy
Corporate Political Activity
Corporate Political Strategy Formulation
The Political Power of Business
Assessing business advantage in Washington lobbying
Advertising for the People
Public Enterprise in the Modern Western World
The Dynamics of Videotex Development in Britain, France and Germany
Nippon Telegraph and Telephone Company (NTT) and the Building of a Telecommunications Industry in Japan
Creating Market Failure
Customer of last resort? The Swedish advertising industry and the government from World War II to the end of the Cold War
Deadlock in corporate governance
The Privatisation and Liberalisation of Dutch Telecommunications in the 1980s
Internationalisation of the Indian telecommunication industry (1947–2004)
Co-evolution, opportunity seeking and institutional change
Prospects for a transparency revolution in the field of business history
The Business Roundtable and the politics of U.S. manufacturing decline in the global 1970s
Monopolist logic? Managing technology in the telecom sector during technological and regulatory change
Using digital sources
States and start-ups
Contrived Competition
Asset Specificity and the Political Behavior of Firms
Swedish business as a social movement? Mobilising the masses against wage-earner funds, 1975–1991
Industry dynamics and trade association power
Introducing the inverted Icarus paradox in business history – Evidence from David and Goliath in the Swedish telecommunications industry 1981–1990
The Transnational and the Text-Searchable
The Frontier of Telecommunications Deregulation
The Political Mobilization of Firms and Industries
| Velocidad de citación | historical |
|---|---|
| Altamente citado | No |