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The Law and Economics of Enhancing Cartel Enforcement: Using Information from Non-Cartel Investigations to Prosecute Cartels

Ghosal, Vivek - CESifo - 2011

investigate and prosecute cartels. Currently, in several jurisdictions, information acquired in, for example, a M&A investigation … cartels are actually prosecuted via this channel, the proposal has the likelihood of creating a meaningful deterrence effect … fight against hardcore cartels that operate within jurisdictions as well as internationally. …

Persistent link: https://www.econbiz.de/10009147742

Virtual Capacity and Competition

Schultz, Christian - CESifo - 2005

In several European merger cases competition authorities have demanded that the merging firm auctions off virtual capacity. The buyer of virtual capacity receives an option on an amount of output at a pre-specified price, typically equal to marginal cost. This output is sold in the market in...

Persistent link: https://www.econbiz.de/10005765994

Firm and Establishment Volatility: The Role of Sunk Costs, Profit Uncertainty and Technological Change

Ghosal, Vivek - CESifo - 2003

appear to be mixed. We explore the implications of our findings for antitrust analysis. …

Persistent link: https://www.econbiz.de/10005094208

Leniency Programs in a Multimarket Setting: Amnesty Plus and Penalty Plus

Roux, Catherine; Ungern-Sternberg, Thomas von - CESifo - 2007

cartels whereas only one of them would have been reported under the EC Leniency Program. …

Persistent link: https://www.econbiz.de/10005406291

Assessing Horizontal Mergers under Uncertain Efficiency Gains

Choné, Philippe; Linnemer, Laurent - CESifo - 2006

examines the role of uncertainty (on the efficiency gains) in this tradeoff. Common wisdom is that the antitrust authorities …

Persistent link: https://www.econbiz.de/10005416449

Buying to Sell: Private Equity Buyouts and Industrial Restructuring

Norbäck, Pehr-Johan; Persson, Lars; Tag, Joacim - CESifo - 2013

antitrust policy, we underscore that an active private equity market can aid antitrust authorities by triggering welfare …

Persistent link: https://www.econbiz.de/10010681223

Competition and Stability in Banking

Vives, Xavier - CESifo - 2010

I review the state of the art of the academic theoretical and empirical literature on the potential trade-off between competition and stability in banking. There are two basic channels through which competition may increase instability: by exacerbating the coordination problem of...

Persistent link: https://www.econbiz.de/10008572523