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(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 …
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Recent laboratory experiments support the popular view that the introduction of corporate leniency programs has significantly decreased cartel activity. The design of these repeated game experiments however is such that engaging in illegal price discussions is the only way for subjects to avoid...
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Basing-point pricing is known to have been abused by geographically dispersed firms in order to eliminate competition …
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In its landmark ruling in Illinois Brick Co. v. Illinois in 1977, the U.S. Supreme Court restricted standing to sue for recovery of antitrust damages to direct purchasers. However, antitrust damages are typically (in part) passed on to intermediaries lower in the chain of production and...
Persistent link: https://www.econbiz.de/10011343268
An experiment is conducted were subjects interact repeatedly to examine the effect of a particular leniency program on cartel formation, cartel stability and cartel recidivism. The program leads to lower prices for three reasons. First, non-cooperators are more persistent in their behavior which...
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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. …
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We analyze the distribution of economic activity across space for different types of activity and different levels of aggregation. Not only is this distribution highly uneven (independently of the type of activity and level of aggregation), it is also remarkably regular regarding its size...
Persistent link: https://www.econbiz.de/10011335206