Showing 1 - 10 of 56
breakdowns with the three years afterwards. Second, for the subset of horizontal mergers, merger activity is found to increase … should consider mergers as potential ‘second-best’ alternative to cartels but also imply that resource (re)allocations in …
Persistent link: https://www.econbiz.de/10009751721
We find an asymmetric pass-through of European Emission Allowance (EUA) prices to wholesale electricity prices in Germany and show that this asymmetry has disappeared in response to a report on investigations by the competition authority. The asymmetric pricing pattern, however, was not detected...
Persistent link: https://www.econbiz.de/10009784017
Bei Verstößen gegen geltendes Wettbewerbsrecht entstehen typischerweise Schäden durch überhöhte Preise und entgangenen Gewinn bei nachgelagerten Wirtschaftsstufen. Hierfür besteht ein gesetzlicher Schadensersatzanspruch. Auf europäischer Ebene wird derzeit ein Rechtsrahmen diskutiert, mit...
Persistent link: https://www.econbiz.de/10003902988
The paper assesses the impact of the detection of a hard-core cartel in the Swiss market for road surfacing on post-cartel competition. In addition to an investigation of supply-side factors, demand-side factors, and market prices, the paper also derives estimates of the economic effects of the...
Persistent link: https://www.econbiz.de/10003914268
. This development is documented by various research papers, high-level exchanges between antitrust experts as well as an … horizontal mergers and to discuss applications of critical loss analysis in recent cases. The results suggest that the … suggest. In fact, the method has to be applied with great care in order to receive meaningful results. -- Antitrust …
Persistent link: https://www.econbiz.de/10003914325
Im Jahre 2005 fand im Rahmen eines OECD Policy Roundtables ein intensiver Meinungsaustausch der Mitgliedsstaaten zu dem Thema ‚Evaluation of the Actions and Resources of the Competition Authorities’ statt. Eine wesentliche Erkenntnis der Gespräche bestand in der Feststellung, dass...
Persistent link: https://www.econbiz.de/10003914333
The paper develops a framework to enforce anti-predation rules that explicitly takes the intervention stage into account. In particular, it is proposed to improve predation enforcement by focusing on two channels: refining the current regime, and amending it. With respect to the refinement of...
Persistent link: https://www.econbiz.de/10003914345
The paper provides a comprehensive survey of the economics behind the fight against hard core cartels. Differentiating between four subsequent stages – characterisation, welfare effects, enforcement and evaluation – the paper pays particular attention to cartel detection methods, the...
Persistent link: https://www.econbiz.de/10008701356
This paper examines the issue of market foreclosure by airline partnerships with antitrust immunity. Overlapping the … information on dynamics of airline partnerships, we find evidence consistent with the airlines operating under antitrust immunity … airline partnership is granted antitrust immunity, airlines outside this partnership end up reducing their traffic to the …
Persistent link: https://www.econbiz.de/10008701357
The paper characterises the building blocks of a framework to enforce antipredation rules and subsequently evaluates selected enforcement options in a Cournot-type duopoly predation model. Differentiating between a no rule approach, an ex ante approach and two ex post approaches, it is shown...
Persistent link: https://www.econbiz.de/10008701358