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constrained. We show that collusion sustainability is non-monotonic in the size of the capacity constrained firm, which has little …
Persistent link: https://www.econbiz.de/10013473721
Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of … the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments … less inclined to collude than men when collusion harms a third party. No gender difference can be found in the absence of a …
Persistent link: https://www.econbiz.de/10012938866
Antidumping creates opportunities for abuse to stifle market competition. Whether cartels actually abuse trade policy …
Persistent link: https://www.econbiz.de/10012373130
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 …-2003, and 2004-2013. Our empirical estimates show significant variation in the number of cartels prosecuted and the penalties …
Persistent link: https://www.econbiz.de/10011346282
Traditional economic theory of collusion assumed that cartels are inherently unstable, and yet some manage to operate … focuses on firms as entities, even though cartels are typically formed between individuals who need to develop structures that … allow them to establish trust and ensure cooperation. We analyze 15 German cartels, focusing on the individual participants …
Persistent link: https://www.econbiz.de/10013362394
We provide a novel intuition for the observation that many brand manufacturers have restricted their retailers' ability to resell brand products online. Our approach builds on models of salience according to which price disparities across distribution channels guide a consumer’s attention...
Persistent link: https://www.econbiz.de/10011771695
We study the dual relationship between market structure and prices and between market structure and investment in mobile telecommunications. Using a uniquely constructed panel of mobile operators’ prices and accounting information across 33 OECD countries between 2002 and 2014, we document...
Persistent link: https://www.econbiz.de/10011659539
appear to be mixed. We explore the implications of our findings for antitrust analysis. …
Persistent link: https://www.econbiz.de/10011508062
This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first discuss the most crucial features of digital markets such as network effects, multi-sidedness, big data, and rapid innovation that create important challenges for competition...
Persistent link: https://www.econbiz.de/10012138666
antitrust lawsuit that charged Bell with having foreclosed the market for telecommunications equipment. The decree forced Bell …
Persistent link: https://www.econbiz.de/10011610914