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Fighting Collusion by Permitting Price Discrimination

Helfrich, Magdalena - 2016

We investigate the effect of a ban on third-degree price discrimination on the sustainability of collusion. We build a model with two firms that may be able to discriminate between two consumer groups. Two cases are analyzed: (i) Best-response symmetries so that profits in the static Nash...

Persistent link: https://www.econbiz.de/10012996205

Manufacturers Mergers and Product Variety in Vertically Related Markets

Milliou, Chrysovalantou; Sandonis, Joel - CESifo - 2014

We study final product manufacturers’ incentives to introduce new products into the market and how they are affected by a merger among them. We show that when manufacturers distribute their products through multi-product retailers, a manufacturers merger, although it leads to an increase in...

Persistent link: https://www.econbiz.de/10010886105

Assessing Horizontal Mergers under Uncertain Efficiency Gains

Choné, Philippe; Linnemer, Laurent - CESifo - 2006

examines the role of uncertainty (on the efficiency gains) in this tradeoff. Common wisdom is that the antitrust authorities …

Persistent link: https://www.econbiz.de/10005416449

Advertising Competition in the Free-to-Air TV Broadcasting Industry

Ivaldi, Marc - 2017

This paper empirically investigates the advertising competition in the French broadcast television industry within a two-sided market framework. We use a unique dataset on the French broadcast television market including audience, prices, and quantities of advertising of twenty-one TV channels...

Persistent link: https://www.econbiz.de/10012955187

Policy Innovations, Political Preferences, and Cartel Prosecutions

Ghosal, Vivek - 2015

preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U ….S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing …

Persistent link: https://www.econbiz.de/10013012564

Multimarket Linkages, Cartel Discipline and Trade Costs

Agnosteva, Delina - 2018

We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....

Persistent link: https://www.econbiz.de/10012926563

Multi-Market Collusion with Demand Linkages and Antitrust Enforcement

Choi, Jay Pil - 2009

This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We … markets. We also consider policy implications of our analysis regarding an antitrust authority's investment decision in cartel …

Persistent link: https://www.econbiz.de/10013160219

Global Cartels, Leniency Programs and International Antitrust Cooperation

Choi, Jay Pil - 2010

markets and face antitrust enforcement in different jurisdictions. We are concerned with the effectiveness of leniency … programs and the benefits of international antitrust cooperation between agencies. When international antitrust prosecution is … effectively. We then discuss the effects of information sharing among antitrust authorities as a function of how much and which …

Persistent link: https://www.econbiz.de/10013144908

Merger Without Cost Advantages

Huck, Steffen; Konrad, Kai A.; Müller, Wieland - 2021

The seminal paper by Salant, Switzer and Reynolds (1983) showed that merger in a standard Cournot framework with linear demand and linear costs is not profitable unless a large majority of the firms are involved in the merger. However, many strategic aspects matter for firm competition such as...

Persistent link: https://www.econbiz.de/10013318548

Multi-Market Collusion with Demand Linkages and Antitrust Enforcement

Choi, Jay Pil; Gerlach, Heiko - CESifo - 2009

Persistent link: https://www.econbiz.de/10005000368

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