Showing 1 - 10 of 125
Recent years have seen growing cases of data-driven tech mergers such as Google/Fitbit, inwhich a dominant digital platform acquires a relatively small rm possessing a large volumeof consumer data. The digital platform can consolidate the consumer data with its existingdata set from other...
Persistent link: https://www.econbiz.de/10012544000
context of a payment card association. We study the cooperative antitrust determination of the interchange fee by member banks … cooperative determination of the interchange fee and antitrust conducts, we describe in detail the factors affecting merchant …
Persistent link: https://www.econbiz.de/10010332223
single-product firms. Mergers can generate marginal cost synergies (affecting marginal cost of quantity) or fixed cost … synergies (affecting marginal cost of variety). We show that with marginal cost synergies, consumer welfare decreases whenever … aggregate variety increases following a merger. However, with fixed cost synergies, an increase in aggregate variety can …
Persistent link: https://www.econbiz.de/10013349605
In Japan, TV platforms regulate themselves as to the length of the advertisements they air. Using modified Hotelling models, we investigate whether such self-regulation improves consumer and social welfare or not. When all consumers choose a single TV program (the utility functions of consumers...
Persistent link: https://www.econbiz.de/10010332191
We investigate the incentive and the welfare implications of a merger when heterogeneous oligopolists compete both in process R&D and on the product market. We examine how a merger affects the output, investment, and profits of firms, whether firms have merger incentives, and, if so, whether...
Persistent link: https://www.econbiz.de/10010332309
We investigate the effect of banning resale-below-cost offers. There are two retailers with heterogeneous bargaining positions in relation to a monopolistic manufacturer. Each retailer sells two goods: one procured from the monopolistic manufacturer and the other, from a competitive fringe. In...
Persistent link: https://www.econbiz.de/10010332458
We investigate the incentive and the welfare implications of a merger when heterogeneous oligopolists compete both in process R&D and on the product market. We examine how a merger affects the output, investment, and profits of firms, whether firms have merger incentives, and, if so, whether...
Persistent link: https://www.econbiz.de/10013156465
We investigate the effect of banning resale-below-cost offers. There are two retailers with heterogeneous bargaining positions in relation to a monopolistic manufacturer. Each retailer sells two goods: one procured from the monopolistic manufacturer and the other, from a competitive fringe. In...
Persistent link: https://www.econbiz.de/10014157025
In Japan, TV platforms regulate themselves as to the length of the advertisements they air. Using modified Hotelling models, we investigate whether such self-regulation improves consumer and social welfare or not. When all consumers choose a single TV program (the utility functions of consumers...
Persistent link: https://www.econbiz.de/10014041759
This paper analyses the incentives to adopt cost-reducing technology by firms in a horizontally differentiated industry. In our model there are several suppliers of a new technology. The extent of the cost reduction depends on the quality of the new technology. A firm has to buy the technology...
Persistent link: https://www.econbiz.de/10011421480