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many industries around the world since the 1980s. Two major criticisms of these studies is that concentration and market …
Persistent link: https://www.econbiz.de/10013249649
Antidumping creates opportunities for abuse to stifle market competition. Whether cartels actually abuse trade policy … that matches cartel investigations with trade data at the product level. We then estimate the world import price and … higher world import prices and lower quantities during cartel periods, and to induce the establishment of a cartel. The …
Persistent link: https://www.econbiz.de/10013314861
Traditional economic theory of collusion assumed that cartels are inherently unstable, and yet some manage to operate … in breaking up cartels. Based on these results we discuss implications for competition policy and further research …
Persistent link: https://www.econbiz.de/10014077191
competition policy is likely to face more challenges as large companies are becoming more common in more and more industries …
Persistent link: https://www.econbiz.de/10013293852
, foreign entry and industry growth. These facts suggest that intensified competition in international markets coexists with …
Persistent link: https://www.econbiz.de/10013235106
This paper analyzes the impact of financial development on export concentration. I incorporate credit constraints into a trade model with heterogeneous exporters and endogenous quality choice. The model predicts that financial development increases innovation activity and export shares of larger...
Persistent link: https://www.econbiz.de/10014255423
Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals …
Persistent link: https://www.econbiz.de/10012892178
Asymmetric information in procurement entails double marginalization. The phenomenon is most severe when the buyer has all the bargaining power at the production stage, while it vanishes when the buyer and suppliers’ weights are balanced. Vertical integration eliminates double marginalization...
Persistent link: https://www.econbiz.de/10013235119
We propose an analysis of platform competition based on the academic literature with a view towards competition policy …. First, we discuss to which extent competition can emerge in digital markets and show which forms it can take. In particular … competition in platform markets. Second, we analyse competition policy issues and discuss how rules designed for standard markets …
Persistent link: https://www.econbiz.de/10012826050
In many situations governments have sector-specific tax and regulation policies at their disposal to influence the market outcome after a national or an international merger has taken place. In this paper we study the implications for merger policy when countries non-cooperatively deploy...
Persistent link: https://www.econbiz.de/10013316665