Showing 1 - 10 of 107
Sports organizations, Hollywood studios and TV channels grant satellite and cable networks exclusive rights to televise their matches, movies and media contents. Exclusive distribution prevents viewers from watching attractive programs, and reduces the TV-distributors incentives to compete in...
Persistent link: https://www.econbiz.de/10005419550
This paper evaluates the welfare consequences of the failing firm doctrine in the EU and US merger laws. I combine an …
Persistent link: https://www.econbiz.de/10005419522
immediate merger for two reasons. First, by predating, firms may share the costs of eliminating a rival and circumvent the free … that a restrictive merger policy may be counterproductive, since it may increase the incentives for predation by helping …
Persistent link: https://www.econbiz.de/10005639303
immediate merger for two reasons. First, by predating, firms may share the costs of eliminating a rival and circumvent the free … that a restrictive merger policy may be counterproductive, since it may increase the incentives for predation by helping …
Persistent link: https://www.econbiz.de/10005645374
Intellectual property rights and competition policy are intimately related. In this paper I survey the economic literature analyzing the interaction between intellectual property law and competition law and how the boundary between these two policies is drawn in practice. Recognizing that...
Persistent link: https://www.econbiz.de/10005645387
This paper presents results from a laboratory experiment studying the channels through which different law enforcement strategies deter cartel formation. With leniency policies offering immunity to the first reporting party, a high fine is the main determinant of deterrence, having a strong...
Persistent link: https://www.econbiz.de/10008802525
, consequently, the relevance of simple "checklists" in merger control can be questioned. …
Persistent link: https://www.econbiz.de/10005645392
that some welfare increasing mergers will be blocked. This is optimal, if the relevant alternative to the merger is another …
Persistent link: https://www.econbiz.de/10005645436
This paper proposes an approach for prediction the pattern of mergers when different mergers are feasible. It generalizes the traditional IO approach, employing ideas on coalition-formation from cooperative gave theory. The model suggests that in concentrated markets, mergers are conductive to...
Persistent link: https://www.econbiz.de/10005670123
profitable merger does not occur, because it is even more profitable for each firm to unilaterally stand as an outsider (Kamien … rather than exogenous merger theory. …
Persistent link: https://www.econbiz.de/10005780368