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Naked exclusion: Towards a behavioral approach to exclusive dealing

Boone, Jan; Müller, Wieland; Suetens, Sigrid - C.E.P.R. Discussion Papers - 2009

We report experimental results on exclusive dealing inspired by the literature on "naked exclusion.'' Our key findings are: First, exclusion of a more efficient entrant is a widespread phenomenon in lab markets. Second, allowing incumbents to discriminate between buyers increases exclusion rates...

Persistent link: https://www.econbiz.de/10004991543

The Distribution of Harm in Price-Fixing Cases

Boone, Jan; Müller, Wieland - C.E.P.R. Discussion Papers - 2008

We consider a vertically related industry and analyze how the total harm due to a price increase upstream is distributed over downstream firms and final consumers. For this purpose, we develop a general model without making specific assumptions regarding demand, costs, or the mode of...

Persistent link: https://www.econbiz.de/10005666424

Efficiency Gains and Structural Remedies in Merger Control

Vasconcelos, Helder - C.E.P.R. Discussion Papers - 2007

This paper studies the role of structural remedies in merger control in a Cournot setting where (endogenous) mergers are motivated by prospective efficiency gains and must be submitted to an Antitrust Authority (AA) which might require partial divestiture for approval. Both positive and negative...

Persistent link: https://www.econbiz.de/10005498161

Calling Circles: Network Competition with Non-Uniform Calling Patterns

Hoernig, Steffen; Inderst, Roman; Valletti, Tommaso - C.E.P.R. Discussion Papers - 2010

We introduce a flexible model of telecommunications network competition with non-uniform calling patterns, which account for the fact that customers tend to make most calls to a small subset of people. Equilibrium call prices are distorted away from marginal cost, and competitive intensity is...

Persistent link: https://www.econbiz.de/10008784708

Net Neutrality with Competing Internet Platforms

Bourreau, Marc; Kourandi, Frago; Valletti, Tommaso - C.E.P.R. Discussion Papers - 2014

study the effect of a net neutrality regulation on capacity investments in the market for Internet access, and on innovation …

Persistent link: https://www.econbiz.de/10011083479

Can the Failing Firm Defense Rule be Counterproductive?

Vasconcelos, Helder - C.E.P.R. Discussion Papers - 2012

This paper studies the role of the failing firm defense (FFD) concept in merger control in a Cournot setting where: (i) endogenous mergers are motivated by prospective efficiency gains; and (ii) mergers must be submitted to an Antitrust Authority which might require partial divestiture for...

Persistent link: https://www.econbiz.de/10011084654

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

Selective contracting and foreclosure in health care markets

Bijlsma, Michiel; Boone, Jan; Zwart, Gijsbert - C.E.P.R. Discussion Papers - 2009

We analyze exclusive contracts between health care providers and insurers in a model where some consumers choose to stay uninsured. In case of a monopoly insurer, exclusion of a provider changes the distribution of consumers who choose not to insure. Although the foreclosed care provider remains...

Persistent link: https://www.econbiz.de/10008491723

Input Price Discrimination with Downstream Cournot Competitors

Valletti, Tommaso - C.E.P.R. Discussion Papers - 2002

This Paper addresses the question of third-degree price discrimination in input markets. I propose a solution that relies on a method that decomposes the upstream monopolist’s profit into two parts, one that depends on average input prices, and one that depends on their distribution. I am able...

Persistent link: https://www.econbiz.de/10005792467

Optimal Competition: A Benchmark for Competition Policy

Boone, Jan - C.E.P.R. Discussion Papers - 2003

This Paper introduces optimal competition: the best form of competition in an industry that a competition authority can achieve (given the information constraint that it cannot observe firms’ efficiency levels). We show that the optimal competition outcome in an industry becomes more...

Persistent link: https://www.econbiz.de/10005789187