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. Furthermore we argue that the term ‘bidding market’ as it is widely used in antitrust is unhelpful or misleading. Auctions and …
Persistent link: https://www.econbiz.de/10005126056
’ concepts of transaction; ii) TCE’s use of efficiency as a status quo rationalization; iii) the static analysis that ignores …
Persistent link: https://www.econbiz.de/10005134547
, conduct, and attribute regulation. The standard we use to evaluate the efficiency and effectiveness of regulations creating … and effectiveness of a wide variety of regulatory initiatives, including antitrust actions, as well as economic and social …
Persistent link: https://www.econbiz.de/10005076905
the basis of economic theory and evidence. I first discuss how the economics of antitrust has developed over the years …, with the intention of characterizing the intellectual inheritance of 1990s’ antitrust regulators. Within this context, I … economic science. On the basis of these arguments, antitrust regulators should pause and reconsider the theoretical and …
Persistent link: https://www.econbiz.de/10005124983
Over the last decade, consumers have tripled their use of credit cards as more merchants have increased their acceptance of them. This increase suggests that incentives in today's marketplace favor greater credit card use by consumers and acceptance by merchants. In this paper, we study the set...
Persistent link: https://www.econbiz.de/10005126052
We discuss issues of the application of antitrust law and regulatory rules to network industries. In assessing the … application of antitrust in network industries, we analyze a number of relevant features of network industries and the way in … which antitrust law and regulatory rules can affect them. These relevant features include (among others) network effects …
Persistent link: https://www.econbiz.de/10005134419
Comment of Nicholas S. Economides on the Revised Proposed Final Judgment in United States v. Microsoft
Persistent link: https://www.econbiz.de/10005134459
the history of regulation and antitrust intervention in the telecommunications sector. After discussing the impact of …
Persistent link: https://www.econbiz.de/10005134493
E-commerce may prove a double-edged sword for antitrust enforcement. While the internet massively increases the … potential size of the relevant market for any antitrust investigation, thereby reducing the need for antitrust activity, it also … opens firms up to protectionist uses of antitrust by foreign authorities using an economic effects rule for jurisdiction. An …
Persistent link: https://www.econbiz.de/10005134500
antitrust intervention in the telecommunications sector. After discussing the impact of wireless technologies, we conclude by …
Persistent link: https://www.econbiz.de/10005134546