Narrow search
Showing 1 - 10 of 104
Cover Image
Vertical differentiation and collusion : cannibalization or proliferation?
Gabszewicz, Jean Jaskold; Marini, Marco A.; Tarola, Ornella - 2016
In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the assumption that some firms collude and control both the range of variants for sale and their corresponding prices, likewise a multiproduct firm. We analyse whether pruning...
Persistent link: https://www.econbiz.de/10011451580
Cover Image
Cartel sustainability and cartel stability
Escrihuela-Villar, Marc - 2004
agreement. I obtain that collusion is easier to sustain the larger the cartel is. Then, I explore the implications of this …, they risk that collusion completely collapses, as remaining cartel members are unable to sustain collusion. …
Persistent link: https://www.econbiz.de/10011600408
Cover Image
Market transparency and competition policy
Møllgaard, H. Peter; Overgaard, Per Baltzer - 2001
We survey some of the literature on the effects of improved market transparency on competition in ologopoly. Generally, improved transparency from the perspective of irms makes detection of deviations from tacitly collusive agreements easier, thus facilitating oligopolistic coordination. On the...
Persistent link: https://www.econbiz.de/10012142247
Cover Image
Assessment of damages in the district heating pipe cartel
Møllgaard, Peter - 2006
The pre-insulated pipe cartel was established 1990 in Denmark, was extended to Italy and Germany during 1991 and re-organised in 1994 to cover the entire common market. Cartel members engaged in market sharing, price setting, bid rigging, coordinated predation and delaying of innovation. The...
Persistent link: https://www.econbiz.de/10012142328
Cover Image
Collusive agreements in vertically differentiated markets
Marini, Marco A. - 2017
differentiated markets. I firstly review some classical literature on collusion between two firms producing goods of exogenous … the market may have contradictory effects on the incentive of firms to collude: it can make collusion easier for bottom …
Persistent link: https://www.econbiz.de/10011660599
Cover Image
Horizontal mergers, involuntary unemployment, and welfare
Budzinski, Oliver; Budzinski, Jürgen-Peter - 2009
Standard welfare analysis of horizontal mergers usually refers to two effects: the anticompetitive market power effect reduces welfare by enabling firms to charge prices above marginal costs, whereas the procompetitive efficiency effect increases welfare by reducing the costs of production...
Persistent link: https://www.econbiz.de/10003836388
Cover Image
Implications of unprofitable horizontal mergers : a positive external effect does not suffice to clear a merger!
Budzinski, Oliver; Kretschmer, Jürgen-Peter - 2009
We demonstrate that the popular Farrell-Shapiro-framework (FSF) for the analysis of mergers in oligopolies relies regarding its policy conclusions sensitively on the assumption that rational agents will only propose privately profitable mergers. If this assumption held, a positive external...
Persistent link: https://www.econbiz.de/10003821593
Cover Image
Demand growth, entry and collusion sustainability
Capuano, Carlo - 2002
of sustainability of collusion. For the European Commission this assumption is seen as a factor that disincentives … collusion and pushes to a competitive behavior. This fact maybe is not so obvious and I have shown that what is important is the … implement collusion before and after entry as a subgames perfect equilibrium. The final conclusion is that demand growth …
Persistent link: https://www.econbiz.de/10011597631
Cover Image
The dynamics of leniency application and the knock-on effect of cartel enforcement
Zhou, Jun - 2016
of application in separate markets in which a conspirator in the investigated market also engaged in collusion. The …
Persistent link: https://www.econbiz.de/10011435719
Cover Image
Must Trust Bust?
Møllgaard, Peter - 2002
economists’ trust in competition busted: Oligopolies carry the seeds of collusion. To develop, collusion needs trust between …
Persistent link: https://www.econbiz.de/10012142252