Showing 1 - 10 of 193
This paper addresses the recent Mexico experience in the opening to competition in networks infrastructure mainly in … the telecommunications sector. In spite of deregulation and privatization policies in the recent past, there are threats … from regulatory failures which create obstacles in the process of maximizing the competition scope. Obstacles from …
Persistent link: https://www.econbiz.de/10005076639
The fundamental contribution of the paper is to contest the view that greater market contestability has non-negative effects on market performance. In a model where employees pose a threat of potential entry, we demonstrate that a reduction in barriers to entry causes no fall in industry price...
Persistent link: https://www.econbiz.de/10005134503
-level regulation will likely make any type of collusion or capture more difficult in the future. …
Persistent link: https://www.econbiz.de/10005413213
From the antitrust case law that governs restrictions on patent licenses, we derive three unifying principles: just reward, profit neutrality and minimalism. The just-reward principle holds that the patentholder's profits should be earned, if at all, from the social value created by his...
Persistent link: https://www.econbiz.de/10005412526
The Microsoft antitrust case focused public attention on the role of antitrust enforcement in preserving the forces of innovation in high-technology markets. Traditionally, regulators focused on whether companies artificially hiked prices or reduced output. Now, they're increasingly likely to...
Persistent link: https://www.econbiz.de/10005412884
We analyze the central economic issues raised by U.S. v Microsoft. Network effects and economies of scale in applications programs created a barrier to entry for new operating system competitors, which the combination of Netscape Navigator and the Java programming language potentially could have...
Persistent link: https://www.econbiz.de/10005412983
This article evaluates two different remedies for consumers who have been injured by a price overcharge on the sale of a good. Under a coupon remedy, injured consumers are awarded coupons that can be used for a limited period of time to purchase the good at a price below that which prevails...
Persistent link: https://www.econbiz.de/10005077078
This work is focused on identifying a circular pull production control system (PPCS) and make emphasis on the presence of a stability attribute. It is an introductory paper to an extended study of macroeconomic financial stability in a physically open but systemic closed system. Previous work...
Persistent link: https://www.econbiz.de/10005126234
capacities are equilibrium complements; increasing competition reduces capacity investments (under-investment), thus worsening …
Persistent link: https://www.econbiz.de/10005412875
Antimonopoly laws must contain effective provisions for the attack of exclusionary behavior by firms with market power while at the same time not attacking procompetitive behavior by entrants or incumbents. This paper suggests seven textual criteria by which a new law may be evaluated in its...
Persistent link: https://www.econbiz.de/10005561465