Similar Search Results

Jullien, Bruno; Rey, Patrick - C.E.P.R. Discussion Papers - 2000

The paper revisits the conventional wisdom according to which vertical restrictions on retail prices help upstream firms to collude. We analyse the scope for collusion with and without resale price maintenance (RPM) when retailers observe local shocks on demand or retail costs. In the absence of...

Persistent link: https://www.econbiz.de/10005792032

Price Squeezes in a Regulatory Environment

Bouckaert, Jan; Verboven, Frank - C.E.P.R. Discussion Papers - 2003

practitioners and economists, taking the existing regulatory environment as fixed. Based on the degree of existing regulation (full …

Persistent link: https://www.econbiz.de/10005497999

Unbundling the incumbent: Evidence from UK broadband

Nardotto, Mattia; Valletti, Tommaso; Verboven, Frank - C.E.P.R. Discussion Papers - 2012

network available to other companies (local loop unbundling, or LLU). Entrants are then able to upgrade their individual lines … that over the course of time, many entrants have begun to take advantage of LLU. However, unbundling has little or no … technology (cable) which is not subject to regulation, and what we discover is that inter-platform competition has a positive …

Persistent link: https://www.econbiz.de/10011083592

Vertical Control of a Distribution Network - An Empirical Analysis of Magazines

Ferrari, Stijn; Verboven, Frank - C.E.P.R. Discussion Papers - 2010

How does an upstream firm determine the size of its distribution network, and what is the role of vertical restraints? To address these questions we develop and estimate two models of outlet entry, starting from the basic trade-off between market expansion and fixed costs. In the coordinated...

Persistent link: https://www.econbiz.de/10008468630

Market Definition with Differentiated Products - Lessons from the Car Market

Brenkers, Randy; Verboven, Frank - C.E.P.R. Discussion Papers - 2005

background of the new block exemption regulation for cars in Europe, we explore an econometric approach to define the relevant … market share thresholds stipulated in the block exemption regulation. We find that, if we would have used an approach based …

Persistent link: https://www.econbiz.de/10005136670

Exclusive dealing as a barrier to entry? Evidence from automobiles

Nurski, Laura; Verboven, Frank - C.E.P.R. Discussion Papers - 2012

Exclusive dealing contracts between manufacturers and retailers force new entrants to set up their own costly dealer networks to enter the market. We ask whether such contracts may act as an entry barrier, and provide an empirical analysis of the European car market. We first estimate a demand...

Persistent link: https://www.econbiz.de/10011083855

The Economics of Margin Squeeze

Jullien, Bruno; Rey, Patrick; Saavedra, Claudia - C.E.P.R. Discussion Papers - 2014

under tight wholesale regulation should be evaluated under the predation paradigm, with an adequate test that we …

Persistent link: https://www.econbiz.de/10011083910

Quantifying the Effects from Horizontal Mergers in European Competition Policy

Ivaldi, Marc; Verboven, Frank - C.E.P.R. Discussion Papers - 2001

This Paper starts from a recent case studying how merger analysis in Europe may potentially be improved through simulation analysis. Starting from the product and geographic market definition in the Merger Decision, we formulate and estimate an oligopoly model with differentiated products. The...

Persistent link: https://www.econbiz.de/10005666636

Chicken and Egg: Competing Matchmakers

Caillaud, Bernard; Jullien, Bruno - C.E.P.R. Discussion Papers - 2001

We examine a Bertrand competition game between two intermediaries offering matching services between two sides of a market. Indirect network externalities arise as the probability of finding one's match with a given intermediary increase with the number of agents of the other side who use the...

Persistent link: https://www.econbiz.de/10005136667

Entry and Competition in Differentiated Products Markets

Schaumans, Catherine; Verboven, Frank - C.E.P.R. Discussion Papers - 2011

We propose a methodology for estimating the competition effects from entry when firms sell differentiated products. We first derive precise conditions under which Bresnahan and Reiss' entry threshold ratios (ETRs) can be used to test for the presence and to measure the magnitude of competition...

Persistent link: https://www.econbiz.de/10009003374