Showing 1 - 10 of 93
more lenient competition policy. …
Persistent link: https://www.econbiz.de/10005126056
The ''portfolio effect theory'' developed by the European Commission in merger control is at the center of a fierce international row with the US authorities who believe that this theory has no economic foundations. This paper aims to provide a counter-argument and shows that full-line forcing...
Persistent link: https://www.econbiz.de/10005134470
depends on the relative competition profit. For medium values of the latter, the foreign country as well as the firms gain and …
Persistent link: https://www.econbiz.de/10005062435
reduces activities in the R&D sector. On the other hand, the enhanced competition for the equipment improves efficiency in the …
Persistent link: https://www.econbiz.de/10005408261
This paper considers the integration of competition policy and innovation policy in the context of R&D cooperation. An …&D in both regimes. The strength of these incentives is related to the degree of product market competition. We show that … there is a clear relationship between the degree of competition in the product market and the relative performance of firms …
Persistent link: https://www.econbiz.de/10005412898
In this study, the interaction between the competition-cooperation nexus and regulation in retail payment systems is …
Persistent link: https://www.econbiz.de/10005413262
When the home country introduces a patent law after the winner of the patent race is known the country's welfare may rise only if the domestic firm wins. If the home country decides before the patent race ends, the welfare may be increased when the probability that the domestic firm wins is...
Persistent link: https://www.econbiz.de/10005556017
On 28 August 1998 the Treasurer referred the impact of competition policy reforms on rural an regional Australia for … ongoing) of the competition policy and related reforms introduced by the Commonwealth, State, Territory and local governments … under the three intergovernmental agreements signed in April 1995 — the Competition Principles Agreement, the Conduct Code …
Persistent link: https://www.econbiz.de/10005118925
This paper analyzes the role of communication between firms in an infinitely repeated Bertrand game in which firms receive an imperfect private signal of a common value i.i.d. demand shock. It is shown that firms can use stochastic, inter-temporal market sharing as a perfect substitute for...
Persistent link: https://www.econbiz.de/10005561404
This paper addresses the recent Mexico experience in the opening to competition in networks infrastructure mainly in … from regulatory failures which create obstacles in the process of maximizing the competition scope. Obstacles from … overlapping regulatory agencies, are policy failures to procure competition. The path from State-operation to "managed competition …
Persistent link: https://www.econbiz.de/10005076639