Showing 1 - 10 of 18
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
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
Se miden las ganancias potenciales de eficiencia de cinco fusiones de bancos, producidas entre 2005 y 2011, analizándolas con la metodología de análisis envolvente de datos. Dadas las divergencias entre modelos de rendimientos constantes y variables, se testean rendimientos para discernir...
Persistent link: https://www.econbiz.de/10010930238
After a merger, company officials face the challenge of making compensation schemes uniform and of redesigning teams with managers from companies with different incentives, work habits and recruiting methods. In this paper, we investigate the relationship between executive pay and performance...
Persistent link: https://www.econbiz.de/10009647586
the gap in the theoretical literature concerning mergers in pharmaceutical markets. To prevent generic firms from … duopoly model by considering the pseudo-generics production as a mergers' catalyst. We show that a brand-name company always …
Persistent link: https://www.econbiz.de/10008791109
In this paper, we study the optimal number of active firms in acoalition and in a merger. We consider two kinds of game : a merger gameand a coalition game, both in the context of price competition with horizontalproduct differentiation. These are two-stage games. The first stage consistsof...
Persistent link: https://www.econbiz.de/10008791188
This article analyzes the incentive to merge in a context of price competition with horizontal product differentiation. In contrast to the results obtained by Kamien and Zang (1990), we show that merged equilibria can appear in this game. Moreover monopolization of the industry occurs with a...
Persistent link: https://www.econbiz.de/10008791885
After a merger, company officials face the challenge of making compensation schemes uniform and of redesigning teams with managers from companies with different incentives, work habits and recruiting methods. In this paper, we investigate the relationship between executive pay and performance...
Persistent link: https://www.econbiz.de/10008792051