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Abuse of Dominance and Antitrust Enforcement in the German Electricity Market

Duso, Tomaso - 2017

In 2008, the European Commission investigated E.ON, a large and vertically integrated electricity company, for the alleged abuse of a joint dominant position by strategically withholding generation capacity. The case was settled after E.ON agreed to divest 5,000 MW generation capacity as well as...

Persistent link: https://www.econbiz.de/10012944881

Global Cartels, Leniency Programs and International Antitrust Cooperation

Choi, Jay Pil - 2010

In this paper we analyze cartel formation and self-reporting incentives when firms operate in several geographical markets and face antitrust enforcement in different jurisdictions. We are concerned with the effectiveness of leniency programs and the benefits of international antitrust...

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

Private Enforcement, Corruption, and Antitrust Design

Grajzl, Peter - 2015

Recent adoption of competition laws across the globe has highlighted the importance of institutional considerations for …

Persistent link: https://www.econbiz.de/10013009886

Competition in the International Niobium Market : An Econometric Study

Silveira, Jailison W. - 2017

Niobium is a highly strategic mineral, in which Brazil holds almost all of the world's reserves followed by Canada. Niobium has an important role in steel alloys for the aerospace industry and future potential for the industry's superconductors. The present paper investigates the prevailing...

Persistent link: https://www.econbiz.de/10012942003

How Antitrust Enforcement Can Spur Innovation : Bell Labs and the 1956 Consent Decree

Watzinger, Martin - 2017

We study the 1956 consent decree against the Bell System to investigate whether patents held by a dominant firm are harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an antitrust lawsuit that charged Bell with having...

Persistent link: https://www.econbiz.de/10012960483

Competition and Stability in Banking

Vives, Xavier - 2013

competition and stability in banking. There are two basic channels through which competition may increase instability: by … incentives to take risk and raise failure probabilities. The competition-stability trade-off is characterized and the … implications of the analysis for regulation and competition policy are derived. It is found that optimal regulation may depend on …

Persistent link: https://www.econbiz.de/10013094726

Competition Over Cursed Consumers

Ispano, Alessandro - 2018

skeptical about undisclosed quality. We show that neither competition nor the presence of sophisticated consumers necessarily …

Persistent link: https://www.econbiz.de/10012915505

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 show that cartel prosecution can have a knock-on effect: desisting a cartel in one market reduces profits and cartel stability and leads to the break-up of the cartel in the...

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

Leniency Programs in a Multimarket Setting : Amnesty Plus and Penalty Plus

Roux, Catherine; Ungern-Sternberg, Thomas von - 2021

We examine the effects of Amnesty Plus and Penalty Plus, influencing firms' whistle blowing incentives in one market, on their self-reporting decision in another market. Amnesty Plus and Penalty Plus are proactive US strategies which aim at triggering multiple confessions by increasing the...

Persistent link: https://www.econbiz.de/10013317037

Cross-Ownership, R&D Spillovers, and Antitrust Policy

López, Angel L. - 2017

This paper considers cost-reducing R&D investment with spillovers in a Cournot oligopoly with overlapping ownership. We show that overlapping ownership leads to internalization of rivals' profits by firms and find that, for demand not too convex, increases in overlapping ownership increase...

Persistent link: https://www.econbiz.de/10012968865