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This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...
Persistent link: https://www.econbiz.de/10014023495
This Paper shows that predation might help firms overcome the free riding problem of mergers by changing the … predators prefer predation technologies that destroy the prey's assets since they limit the negative effects of the subsequent … increase the incentives for predation by helping predators avoid the bidding competition. Moreover, the incentive for predation …
Persistent link: https://www.econbiz.de/10005661959
selected enforcement options in a Cournot-type duopoly predation model. Differentiating between a no rule approach, an ex ante …The paper characterises the building blocks of a framework to enforce anti-predation rules and subsequently evaluates …
Persistent link: https://www.econbiz.de/10010987729
in the Horizontal Merger Guidelines. Through a model of enforcement, we find that agencies challenge mergers they expect …. Our findings inform the debate over whether antitrust enforcement has been lax …
Persistent link: https://www.econbiz.de/10014250141
law enforcement. …
Persistent link: https://www.econbiz.de/10004976790
We empirically investigate determinants of self-reporting under the European corporate leniency program. Applying a data set consisting of 442 firm groups that participated in 76 cartels decided by the European Commission between 2000 and 2011, we find that the probability of a firm becoming the...
Persistent link: https://www.econbiz.de/10011076299
Nachdem das Bundeskartellamt die Fusion von Miba und Zollern abgelehnt hat, haben die beiden Unternehmen eine Ministererlaubnis beantragt. Dabei wurden bekannte, aber auch neue Gründe genannt, um einen Gemeinwohlvorteil des antikompetitiven Zusammenschlusses aufzuzeigen. Die Autoren untersuchen...
Persistent link: https://www.econbiz.de/10012120729
Persistent link: https://www.econbiz.de/10013541693
This paper discusses ways of strengthening the competitive environment in order to help boost productivity performance in various sectors of the Danish economy. It looks at a number of indicators of the strength of competition — including price levels, industrial concentration and product...
Persistent link: https://www.econbiz.de/10012444150
Vigorous product market competition plays a central role in bolstering productivity growth. Sweden has strengthened competition legislation and deregulated a number of sectors, including electricity, telecommunications and parts of transport, over the past 10 to 15 years. This paper examines the...
Persistent link: https://www.econbiz.de/10012445420