Showing 1 - 10 of 90
From the perspective of antitrust authorities, the multiplication of patents embodied in technology standards is a … that have fueled antitrust debates and economic research during the last decade. On the one hand, patent owners may be … conditions, patent pools should be accepted by antitrust authorities. On the other hand, patent owners may be tempted to …
Persistent link: https://www.econbiz.de/10008789156
La politique de concurrence est complexe. Les incertitudes portent à la fois sur la définition même des règles mais aussi sur la mise en oeuvre de la politique. Les entreprises doivent gérer ces incertitudes qui peuvent constituer à la fois une contrainte mais aussi une source...
Persistent link: https://www.econbiz.de/10008790707
Antitrust emerged in the 1950s and became dominant in the US. We show the extent to which economic objectives and theoretical … views shaped antitrust laws in their inception. After establishing the minor influence of economics in the promulgation of … US competition laws, we then highlight US economists' very cautious views about antitrust until the Second New Deal. We …
Persistent link: https://www.econbiz.de/10010899680
entre la vieille loi des patents et la toute nouvelle législation antitrust. Les différentes expériences dans l …
Persistent link: https://www.econbiz.de/10011026195
efficiency gains for the design of structural merger remedies. We show that a larger asset transfer should be requested from a … divestitures with the regulation of their sale price. We discuss the opportunity of such a merger policy tool, and argue that in …
Persistent link: https://www.econbiz.de/10010750378
The efficiency defence was long delayed in the European merger control due to costly implementation issues. In this … defence from those that do not, allowing such a procedure can lead to a lower post-merger price. Secondly, we study the impact … of merger remedies on the incentives conveyed by the efficiency defence, and conclude on the optimal design of the …
Persistent link: https://www.econbiz.de/10010750955
In this paper, we propose to analyze optimal nonlinear pricing when a firm offers in a bundle a commodity and a contingent service. The paper studies a mechanism design where all private information can be captured in a single scalar variable in a monopoly context. We show that to propose the...
Persistent link: https://www.econbiz.de/10010899137
We study the Leland model for hedging portfolios in the presence of a constant proportional transaction costs coefficient. The modified Leland's strategy recently defined by the second author, contrarily to the classical one, ensures the asymptotic replication of a large class of payoff. In this...
Persistent link: https://www.econbiz.de/10008793766
The enforcement of contracts is necessary for efficient exchange in economic activities. The predominance in agriculture of informal contracts leads in many countries to the implementation of specific legal rules for contract law. This article emphasises the complementarities between public and...
Persistent link: https://www.econbiz.de/10008795633
This paper considers whether it is differences in technical efficiency or differences in factor endowments that explain productivity differentials in Moldovan agriculture. We compute non-parametric measures of technical efficiency for a sample of Moldovan small-holders using the four-step Data...
Persistent link: https://www.econbiz.de/10008835398