Showing 81 - 90 of 4,293
A recent literature, dealing with special markets characterized by bilateral network externalities, is summarized and critically assessed. Specific features of these markets, in terms of pricing principles and externalities, are discussed first. Afterwards, several issues related to competition...
Persistent link: https://www.econbiz.de/10005432504
The Philippine downstream petroleum industry underwent monumental change with the passage of RA 8180, the original Downstream Oil Industry Deregulation Act. This paper surveys the industry developments before and after deregulation and analyzes the consistency of the Supreme Court decision with...
Persistent link: https://www.econbiz.de/10005432635
This paper studies the welfare consequences of a government regulation that forces a patented equipment to be supplied by a number of independent producers. On the one hand, such a regulation hurts the value of a patent and therefore reduces activities in the R&D sector. On the other hand, the...
Persistent link: https://www.econbiz.de/10005408261
This paper considers the integration of competition policy and innovation policy in the context of R&D cooperation. An explicit comparison of the welfare losses under ex-ante and ex-post R&D cooperation reveals differing incentives to undertake R&D in both regimes. The strength of these...
Persistent link: https://www.econbiz.de/10005412898
In this study, the interaction between the competition-cooperation nexus and regulation in retail payment systems is analysed by applying the main lessons from the theory of network industries. This is justifiable on the grounds that the payment systems industry inherently has many...
Persistent link: https://www.econbiz.de/10005413262
The Dzodzi line of cases evidence that the functioning of the preliminary rulings procedure under Article 234 EC is not restricted to the scope of Community law, but extends also to the cases governed by national law referring to certain Community provision or concept. Most controversially in...
Persistent link: https://www.econbiz.de/10004969260
The modernisation of EC antitrust rules timed to coincide with the 2004 enlargement of the European Union is widely recognised as an historic and revolutionary reform. According to the dominant view that has emerged in both law and political science, the change is to be explained in terms of the...
Persistent link: https://www.econbiz.de/10004970306
Regulatory reform had its beginnings in the United States in the 1970s, and today it is taking place around the globe. One of the central questions for industrial policy is how to regulate firms with market power. Regulatory Reform tackles this important policy issue in two parts: it describes...
Persistent link: https://www.econbiz.de/10004972978
This paper reports results from an experiment studying how fines, leniency programs and reward schemes for whistleblowers affect cartel formation and prices. Antitrust without leniency reduces cartel formation, but increases cartel prices: subjects use costly fines as (altruistic) punishments....
Persistent link: https://www.econbiz.de/10004976790
) of 4.5 percent. Dass zwischen der Qualität der Wettbewerbspolitik und dem Produktivitätswachstum eines Landes ein … entwickelt, das sie Güte der Wettbewerbspolitik messbar macht und es ermöglicht, die Auswirkungen der Wettbewerbspolitik auf das … Produktivitätswachstum zu beobachten. Die Studie zeigt: Verbessert sich die Wettbewerbspolitik gemessen an den hier genutzten Indikatoren um …
Persistent link: https://www.econbiz.de/10011128689