Showing 1 - 10 of 561
This chapter estimates sustainable coverage and competitive effects of entry for Swiss newspaper sellers which sell composite goods, including a range of other products such as food and near-food items. It utilises the applied entry threshold ratio methodology from Bresnahan and Reiss (1991),...
Persistent link: https://www.econbiz.de/10011259798
We present a continuous-time generalization of the seminal R&D model of d’Aspremont and Jacquemin (American Economic Review, Vol. 78, No. 5) to examine the trade-off between the benefits of allowing firms to cooperate in R&D and the corresponding increased potential for product market...
Persistent link: https://www.econbiz.de/10011250909
This paper deals with the issue of transparency in the pricing process for motor fuels, vis-à-vis the collusion charges between oil companies (for which no evidence is found) and the «myth» of «one» national price for motor fuels. Such an approach ignores both the competition between oil...
Persistent link: https://www.econbiz.de/10011259029
Fixed telephony has long been a fundamentally important market for European telecommunications operators. The liberalisation and the introduction of regulation in the end of the 1990s, however, allowed new entrants to compete with incumbents at the retail level. A rapid price decline and a...
Persistent link: https://www.econbiz.de/10011259890
This article analyzes tacit collusion in infinitely repeated multiunit uniform price auctions in a symmetric oligopolywith capacity-constrained firms.Under two popular definitions of the uniform price, when each firm sets a price-quantity pair, perfect collusion with equal sharing of profit is...
Persistent link: https://www.econbiz.de/10009650691
In 2006, Russia amended its competition law and added the concepts of “collective dominance” and its abuse. This was seen as an attempt to address the common problem of “conscious parallelism” among firms in concentrated industries. Critics feared that the enforcement of this provision...
Persistent link: https://www.econbiz.de/10009323221
Unbundling of the local loop (ULL) has seen quite different "success stories" in the various countries across Europe. Although the obligation for the provision of ULL was implemented in the regulatory framework early and mostly parallel to other means of liberalisation, national implementation...
Persistent link: https://www.econbiz.de/10005786938
drivers of website investment. In particular, firms tend to invest more in websites when markets are highly concentrated and …
Persistent link: https://www.econbiz.de/10005789663
answer this question, the paper focuses on the problem of investment and innovation in an ex ante regulated sector. Relying … sector by delaying or cancelling investment projects, especially (but not only) concerning the construction of new … infrastructures. We also argue that ex ante regulation is distorting investment itself: incremental investment is privileged as …
Persistent link: https://www.econbiz.de/10005790072
Is the United States in full retreat from internationally recognized regulatory best practice? Or is it instead headed toward some different destination – "dancing to the beat of a different drummer"? Where is this likely to lead?
Persistent link: https://www.econbiz.de/10005616666