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Some Critical Provisions in the Antimonopoly Laws of Central and Eastern Europe
Pittman, Russell - EconWPA - 2001
Antimonopoly laws must contain effective provisions for the attack of exclusionary behavior by firms with market power while at the same time not attacking procompetitive behavior by entrants or incumbents. This paper suggests seven textual criteria by which a new law may be evaluated in its...
Persistent link: https://www.econbiz.de/10005561465
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Contesting Contestability and the Efficiency of Wages
Burke, Andrew E.; To, Theodore - EconWPA - 1997
The fundamental contribution of the paper is to contest the view that greater market contestability has non-negative effects on market performance. In a model where employees pose a threat of potential entry, we demonstrate that a reduction in barriers to entry causes no fall in industry price...
Persistent link: https://www.econbiz.de/10005134503
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Screening markets for cartel detection - collusive marker in the CFD cartel-audit
Lorenz, Christian - EconWPA - 2005
patterns in order to find hidden cartels and to engage antitrust agencies into additional more detailed audits. …
Persistent link: https://www.econbiz.de/10005076883
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Hard Core Cartels and Avoidance of Investigation in the Presence of an Antitrust Authority
Martini, Gianmaria - EconWPA - 2005
Hard Core Cartels aim to design, being aware of the presence of an antitrust authority, market practices granting … avoidance of antitrust investigations. We show, in a dynamic game, that they can reach this goal and get extra--normal profits … activity has a persistence effect, i.e. it will be maintained also in future periods. We also show that antitrust remedies (e …
Persistent link: https://www.econbiz.de/10005561450
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Congestion, Private Peering and Capacity Investment on the Internet.
Manenti, Fabio M. - EconWPA - 2002
This paper presents a model of private bilateral and multilateral peering arrangements between Internet backbone providers when the network is congested. We study how different forms of interconnection and the competitive conditions of the market affect backbones' investments in network and...
Persistent link: https://www.econbiz.de/10005412875
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Is Innovation King at the Antitrust Agencies? The Intellectual Property Guidelines Five Years Later
Gilbert, Richard J.; Tom, Willard K. - EconWPA - 2001
The Microsoft antitrust case focused public attention on the role of antitrust enforcement in preserving the forces of … this paper, we examine whether innovation has displaced short-term price effects as the focus of antitrust enforcement by … have been consistent with the 1995 DOJ/FTC Antitrust Guidelines for the Licensing of Intellectual Property [IP Guidelines …
Persistent link: https://www.econbiz.de/10005412884
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An Economist's Guide to U.S. v. Microsoft
Gilbert, Richard J.; Katz, Michael L. - EconWPA - 2001
We analyze the central economic issues raised by U.S. v Microsoft. Network effects and economies of scale in applications programs created a barrier to entry for new operating system competitors, which the combination of Netscape Navigator and the Java programming language potentially could have...
Persistent link: https://www.econbiz.de/10005412983
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Scale Economies and Synergies in Horizontal Merger Analysis
Farrell, Joseph; Shapiro, Carl - EconWPA - 2001
Three years ago, the Antitrust Division and the Federal Trade Commission revised their Horizontal Merger Guidelines to …
Persistent link: https://www.econbiz.de/10005134425
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Anticompetitive Contracts in the U.K. Pay-TV Market
Harbord, Author One David; Ottaviani, Author Two Marco - EconWPA - 2002
Persistent link: https://www.econbiz.de/10005134436
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The Other Side of Limited Liability: Predatory Behavior and Investment Timing
Bayer, Christian - EconWPA - 2004
This paper investigates the interplay of investment irreversibility, predatory behavior, and limited liability in a duopoly with aggregate demand uncertainty. We find that limited liability and investment irreversibility is likely to produce predatory behavior in very competitive industries in...
Persistent link: https://www.econbiz.de/10005134505