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How to Auction an Essential Facility When Underhand Integration is Possible
Engel, Eduardo M.R.A. - 2001
There are many industries in which potentially competitive segments require services provided by natural monopoly bottlenecks (essential facilities). Since it is difficult to regulate these facilities, developing countries are using Demsetz auctions, where the facility is awarded to the firm...
Persistent link: https://www.econbiz.de/10012470580
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Migration-Regime Liberalization and Social Security : Political-Economy Effect
Razin, Assaf - 2009
The pay-as-you-go social security system, increasingly burdened by dwindling labor force, can benefit from immigrants whose birth rates exceed those of the native born birth. The paper examines adynamic political-economy mechanism through which the social security system influences the young...
Persistent link: https://www.econbiz.de/10012463636
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Antitrust and Regulation
Carlton, Dennis W. - 2007
Since the passage of the Interstate Commerce Act (1897) and the Sherman Act (1890), regulation and antitrust have … operated as competing mechanisms to control competition. Regulation produced cross-subsidies and favors to special interests … antitrust and regulation. Antitrust and regulation can also be viewed as complements in which regulation and antitrust assign …
Persistent link: https://www.econbiz.de/10012465754
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A New Approach to Takeover Law and Regulatory Competition
Bebchuk, Lucian Arye - 2001
produce even worse takeover arrangements. This paper puts forward a novel form of federal intervention in the regulation of … that such a federal role in takeover law cannot harm and would likely improve the regulation of takeovers. Moreover, by …
Persistent link: https://www.econbiz.de/10012470578
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Screening Adaptive Cartels
Ortner, Juan M.; Chassang, Sylvain; Kawai, Kei; … - National Bureau of Economic Research - 2022
We propose an equilibrium theory of data-driven antitrust oversight in which regulators launch investigations on the …
Persistent link: https://www.econbiz.de/10013334437
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Political Determinants of Competition in the Mobile Telecommunication Industry
Faccio, Mara - 2017
government designs the rules of the game has an impact on concentration, competition, and prices. Pro-competition regulation …
Persistent link: https://www.econbiz.de/10012455639
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The regulated economy : a historical approach to political economy
Goldin, Claudia (ed.); Libecap, Gary D. (contributor) - 1994
Persistent link: https://www.econbiz.de/10013480721
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Antitrust and Competition in Health Care Markets
Gaynor, Martin - 1999
In this paper we review issues relating to antitrust and competition in health care markets. The paper begins with a brief review of antitrust legislation. We then discuss whether and how health care is different from other industries in ways that might affect the optimality of competition. The...
Persistent link: https://www.econbiz.de/10012471682
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Trade Restrictions as Facilitating Practices
Krishna, Kala - 1985
This paper deals with the effect of trade restrictions on competition in oligopolistic markets. Quantitative restrictions, such as VER's (Voluntary Export Restrictions) are shown to affect the extent to which foreign firms can compete in the domestic market, and hence to raise the equilibrium...
Persistent link: https://www.econbiz.de/10012477540
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Why We Need to Measure the Effect of Merger Policy and How to Do It
Carlton, Dennis W. - 2009
In this article, I explain the inadequacy of our current state of knowledge regarding the effectiveness of antitrust policy towards mergers. I then discuss the types of data that one must collect in order to be able to perform an analysis of the effectiveness of antitrust policy. There are two...
Persistent link: https://www.econbiz.de/10012463928