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Delays in leniency application : is there really a race to the enforcer’s door?
Gärtner, Dennis; Zhou, Jun - 2012 - First version June 2012, Revised November 2012
common beliefs and the existing literature, that conspirators often apply for leniency long after a cartel collapses. We …
Persistent link: https://www.econbiz.de/10009685867
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Cartel duration and endogenous private monitoring and communication : an instrumental variables approach
Zhou, Jun - 2012
. Estimating the impact of such collusive practices" - known as the 'lysine strategy profile (LSP)" - on cartel duration is … related to cartel duration. After correction for selectivity in the decision to use the LSP, statistical tests are consistent … with a theoretic prediction that the LSP increases cartel duration. …
Persistent link: https://www.econbiz.de/10009571067
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Cartel overcharges and the deterrent effect of EU competition law
Smuda, Florian - 2012
This paper examines cartel overcharges for the European market. Using a sample of 191 overcharge estimates and several … parametric and semi-parametric estimation procedures, the impact of different cartel characteristics and the market environment ….37 percent of the selling price and the average cartel duration is 8.35 years. Certain cartel characteristics and the geographic …
Persistent link: https://www.econbiz.de/10009572459
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Does a platform monopolist want competition?
Niedermayer, Andreas - 2015
We consider a software vendor first selling a monopoly platform and then an application running on this platform. He may face competition by an entrant in the applications market. The platform monopolist can benefit from competition for three reasons. First, his profits from the platform...
Persistent link: https://www.econbiz.de/10011345756
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Merger policy in a quantitative model of international trade
Breinlich, Holger; Nocke, Volker; Schutz, Nicolas - 2015
In a two-country international trade model with oligopolistic competition, we study the conditions on market structure and trade costs under which a merger policy designed to benefit domestic consumers is too tough or too lenient from the viewpoint of the foreign country. Calibrating the model...
Persistent link: https://www.econbiz.de/10011345771
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Two-sided markets with pecuniary and participation externalities
Schmidtke, Richard - 2006
The existing literature on two-sided markets addresses participation externalities, but so far it has neglected pecuniary externalities between competing platforms. In this paper we build a model that incorporates both externalities. In our setup differentiated platforms compete in advertising...
Persistent link: https://www.econbiz.de/10010365882
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The effect of regulatory scrutiny asymmetric cost pass-through in power wholesale and its end
Mokinski, Frieder; Wölfing, Nikolas - 2013
We find an asymmetric pass-through of European Emission Allowance (EUA) prices to wholesale electricity prices in Germany and show that this asymmetry has disappeared in response to a report on investigations by the competition authority. The asymmetric pricing pattern, however, was not detected...
Persistent link: https://www.econbiz.de/10009784017
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Beyond national economy-wide rebound effects : an applied general equilibrium analysis incorporating international spillover effects
Koesler, Simon; Swales, John Kim; Turner, Karen - 2014
This paper proposes that the national focus of energy ‘rebound’ studies should be extended to an international context in the presence of supra-national agreements such as EU 20-20-20. The potential for energy efficiency improvements in one nation to impact energy use in others means that...
Persistent link: https://www.econbiz.de/10010341814
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Competition, collusion and spatial sales patterns : theory and evidence
Hunold, Matthias; Hüschelrath, Kai; Laitenberger, Ulrich; … - 2017
on average significantly lower in cartel years than in non-cartel years. …
Persistent link: https://www.econbiz.de/10011724001
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Competition, collusion and spatial sales patterns : theory and evidence
Hunold, Matthias; Hüschelrath, Kai; Laitenberger, Ulrich; … - 2017 - This version: December 31, 2017
on average significantly lower in cartel years than in non-cartel years. …
Persistent link: https://www.econbiz.de/10011778632