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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
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
, consequently, the relevance of simple "checklists" in merger control can be questioned. …
Persistent link: https://www.econbiz.de/10005645392
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
strategies deter cartel formation. With leniency policies offering immunity to the first reporting party, a high fine is the main …
Persistent link: https://www.econbiz.de/10008802525
This paper contributes to the study of tacit collusion by analyzing infinitely repeated multiunit uniform price auctions in a symmetric oligopoly with capacity constrained firms. Under both the Market Clearing and Maximum Accepted Price rules of determining the uniform price, we show that when...
Persistent link: https://www.econbiz.de/10005645307
In their merger control, EU and the US have considered symmetric size distribution (cost structure) of firms to be a …
Persistent link: https://www.econbiz.de/10005645413
The purpose of this report is to contribute to the analysis of two questions. Should a merger control system take into … theoretical and empirical studies of mergers and merger control. Next, we review the current legal practice in seven OECD … jurisdictions. Finally, we propose a merger control system, emphasising the central role of informational limitations. …
Persistent link: https://www.econbiz.de/10005670112
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