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The Essential Facilities Doctrine: The Lost Message of Terminal Railroad

Maurer, Stephen M.; Scotchmer, Suzanne - Toulouse School of Economics (TSE) - 2014

essential facilities doctrine of antitrust. This is an area where European law and American law have diverged. In Trinko (2007 … synergies through sharing. We argue that, absent such a doctrine, these synergies could be lost as firms either avoid sharing to … avoid antitrust liability, or create sharing arrangements that undermine competition. We show how and why the original …

Persistent link: https://www.econbiz.de/10010760346

Bundling and Competition for Slots: On the Portfolio Effects of Bundling

Jeon, Doh-Shin; Menicucci, Domenico - Toulouse School of Economics (TSE) - 2009

We consider competition among sellers when each of them sells a portfolio of distinct products to a buyer having limited slots. We study how bundling affects competition for slots. Under independent pricing, equilibrium often does not exist and hence the outcome is often inefficient. When...

Persistent link: https://www.econbiz.de/10008465345

Bundling and Competition for Slots: Sequential Pricing

Jeon, Doh-Shin; Menicucci, Domenico - Toulouse School of Economics (TSE) - 2009

In this paper we study, as in Jeon-Menicucci (2009), competition between sellers when each of them sells a portfolio of distinct products to a buyer having limited slots. This paper considers sequential pricing and complements our main paper (Jeon- Menicucci, 2009) that considers simultaneous...

Persistent link: https://www.econbiz.de/10008465391

Dominance and Competitive Bundling

Hurkens, Sjaak; Jeon, Doh-Shin; Menicucci, Domenico - Toulouse School of Economics (TSE) - 2013

We study bundling by a dominant multi-product firm facing competition from a rival multi-product firm. Compared to competition under independent pricing, competition under pure bundling reduces (increases) each firm's profit for low (high) levels of dominance, while for intermediate levels of...

Persistent link: https://www.econbiz.de/10010714020

When Is Building a Library Consortium Benecial?

Jeon, Doh-Shin; Menicucci, Domenico - Toulouse School of Economics (TSE) - 2013

This paper identifies strategies to build a library consortium from a long term point of view. Contrary to the conventional wisdom to build a consortium around groups of homogenous institutions (Davis, 2002), we find that libraries with similar preferences are likely to lose from building a...

Persistent link: https://www.econbiz.de/10011004747

Prosecution and Leniency Programs: a Fool's Game

Sauvagnat, Julien - Toulouse School of Economics (TSE) - 2010

We present a model where the Antitrust Authority is privately informed about the strength of the case against a given … cartel. In this context, the Antitrust Authority may obtain cartel members' confessions even when it opens an investigation …

Persistent link: https://www.econbiz.de/10008643937

A Theory of Buyer Fragmentation: Divide-and-Conquer Intensifies Competition

Jeon, Doh-Shin; Menicucci, Domenico - Toulouse School of Economics (TSE) - 2014

It is well-known from Innes and Sexton (1993, 1994) that divide-and-conquer contracts allow an incumbent facing a potential entrant to extract more surplus from buyers and hence buyers suffer from the strategy. In this paper, we show that when sellers compete by offering personalized non-linear...

Persistent link: https://www.econbiz.de/10011103539

Interconnection among Academic Journal Websites: Multilateral versus Bilateral Interconnection

Jeon, Doh-Shin; Menicucci, Domenico - Toulouse School of Economics (TSE) - 2009

Electronic academic journal websites provide new services of text and/or data mining and linking, indispensable for efficient allocation of attention among abundant sources of scientific information. Fully realizing the benefit of these services requires interconnection among websites. Motivated...

Persistent link: https://www.econbiz.de/10008465334

Managerial Effort Incentives and Market Collusion

Aubert, Cécile - Toulouse School of Economics (TSE) - 2009

losses may arise even when the industry remains competitive. Antitrust policy has a novel value, specifically thanks to …

Persistent link: https://www.econbiz.de/10008465351

Cooperation vs. Collusion: How Essentiality Shapes Co-opetition

Rey, Patrick; Tirole, Jean - Toulouse School of Economics (TSE) - 2013

The paper makes two related contributions. First, and in contrast with the rich body of literature on collusion with (mainly perfect) substitutes, it derives general results on the sustainability of tacit coordination for a class of nested demand functions that allows for the full range between...

Persistent link: https://www.econbiz.de/10010823124