The paper studies the effects of the Pfizer and Pharmacia (2003) merger on competition in the Swiss pharmaceutical … market and compares the assessment of the Swiss Competition Commission (COMCO) with the post-merger market developments. We …

competition at the industry level of OECD countries. An instrumental variable approach, reveals a positive effect on industries …' competition intensity of leniency programs indicating effectiveness in cartel destabilization and effective deterrence. -- Cartel …

The duration of merger proceedings held by competition authorities is an important determinant of the efficiency of the … also provide evidence that the significant increase in average duration identified after the 2004 merger regulation reform …

case of ARGARCH models, the approximation process chosen in this paper shows a better estimation of the stock price … development based on autoregressive models and, thus, more robust estimation results for the reaction to a regulatory change … analysis. These findings show that European Commission interventions are competition enhancing and support the expected …

even more – by up to 83 percent – after the cartel breakdowns. Our results not only suggest that competition authorities … competition authorities, law practices and economic consultancies may become necessary to handle the increase in merger cases. …

In 2002, the Swiss Competition Commission (COMCO) introduced a Notice on the Competitive Treatment of Vertical … Restraints in Automobile Trade (‘Car Notice’). The objective of the Car Notice has been to strengthen competition in the Swiss … car market, in particular by avoiding price-fixing practices and market foreclosure and stimulating intrabrand competition …

implications for the balancing of competition and cooperation in transatlantic airline markets. …

electricity companies and transnational competition, Chile and Brazil have only partially liberalized their electricity sector …

to initiate adequate investment incentives. Using a two-equation estimation approach, a direct competition effect (more … service competition increases the supply of infrastructure) can be disentangled from an indirect effect (more service … competition increases the demand for infrastructure quality and, as a consequence, increases the supply of infrastructure). While …