Showing 1 - 10 of 194
other ways to strengthen media competition − such as increased polarization and prevention of collusion − critically depends …
Persistent link: https://www.econbiz.de/10012030647
Any form of Brexit will impact heterogeneously in terms of sectors and regions on the competitiveness of firms in both the UK and Europe. The ongoing uncertainty about the conditions under which the UK will be leaving the EU, creates difficulties in structurally estimating these impacts. Using...
Persistent link: https://www.econbiz.de/10012057174
We analyze maximal cartel prices in infinitely-repeated oligopoly models under leniency where fines are linked to illegal gains, as often outlined in existing antitrust regulation, and detection probabilities depend on the degree of collusion. We introduce cartel culture that describes how...
Persistent link: https://www.econbiz.de/10011378956
We examine the setting of national competition policy in a two-country setting,emphasizing the relationship of trade to … the goals of competition policy (suchas the degree and nature of competition). The issues we address involve thegeneral … equilibrium distributional effects of competition policy, therelationship of national competition policy to terms-of-trade gains …
Persistent link: https://www.econbiz.de/10011299975
that highlights this interaction. Theory points to an expected linkage between service sector competition and goods trade …
Persistent link: https://www.econbiz.de/10011335218
(cooperative) determination of competition policy, exploring the properties of the policy equilibrium. It is not imperfect … competition, but variation in competitive stance between sectors that matters for trading partners. Beggar …-thy-neighbor competition policies relate to countries' comparative advantages, and hurt the factor intensively used, or specific to, the …
Persistent link: https://www.econbiz.de/10011348345
We analyze how leniency affects cartel pricing in an infinitely-repeated oligopoly model where the fine rates are linked to illegal gains and detection probabilities depend on the degree of collusion. A novel aspect of this study is that we focus on the worst possible outcome. We investigate the...
Persistent link: https://www.econbiz.de/10010433900
A start-up engages in an investment portfolio problem by choosing how much to invest in a "rival" project, which threatens the position of an existing incumbent, and a "non-rival" project. Anticipating its acquisition by the incumbent, the start-up strategically distorts its portfolio of...
Persistent link: https://www.econbiz.de/10012591323
competition with differentiated products. Consumers have a willingness to pay for more responsibly manufactured products. Firms … agreements directly on the level of CSR reduce CSR efforts compared to competition. Such agreements throttle both for-profit and … requiring a higher CSR level by regulation while preserving competition always gives higher within-market welfare. …
Persistent link: https://www.econbiz.de/10012591411
This special issue marks the 25th anniversary of the introduction of a leniency program for antitrust in the EU and contains five original papers: Each paper examines the effects of design parameters of leniency programs on their performance. Before introducing each contribution separately, we...
Persistent link: https://www.econbiz.de/10014317301