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The analysis of coordinated effects in EU merger control: where do we stand after Sony/BMG and Impala?
Aigner, Gisela; Budzinski, Oliver; Christiansen, Arndt - 2007
The recent Impala Judgment by the CFI on the Sony/BMG Decision by the Commission represents the most important ruling on collective dominance since Airtours. We review both the Decision and the Judgment and derive implications for the institutional and substantive development of EU Merger...
Persistent link: https://www.econbiz.de/10010300234
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Sports business and the theory of multisided markets
Budzinski, Oliver; Satzer, Janina - 2009
different customer groups like attendees, broadcasters, sponsors, etc., including their welfare and antitrust implications …
Persistent link: https://www.econbiz.de/10010321669
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Newspaper vs. online advertising: Is there a niche for newspapers in modern advertising markets?
Lindstädt, Nadine; Budzinski, Oliver - 2011
Newspapers have experienced declining circulation figures and declining advertising revenues for several years. In particular, declining advertising figures put a threat on newspapers - this is especially severe in the US where 73% of their revenues are generated through advertising. On the...
Persistent link: https://www.econbiz.de/10010321680
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Horizontal mergers, involuntary unemployment, and welfare
Budzinski, Oliver; Budzinski, Jürgen-Peter - 2009
reduces welfare by enabling firms to charge prices above marginal costs, whereas the procompetitive efficiency effect … increases welfare by reducing the costs of production (synergies). However, demand-side effects of synergies are usually …Standard welfare analysis of horizontal mergers usually refers to two effects: the anticompetitive market power effect …
Persistent link: https://www.econbiz.de/10010321682
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Newspaper and internet display advertising: Co-existence or substitution?
Lindstädt, Nadine; Budzinski, Oliver - 2012
Newspapers have been experiencing declining circulation figures and diminishing advertising revenues for several years - both effects might pose a threat to the continuing existence of (print) newspapers. In an earlier paper, Lindstädt & Budzinski (2011) argued from a theoretical viewpoint that...
Persistent link: https://www.econbiz.de/10010321685
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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/10010321686
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Aktuelle Herausforderungen der Wettbewerbspolitik durch Marktplätze im Internet
Budzinski, Oliver - 2016
This essay discusses two immanent challenges for competition policy in online e-commerce markets: the platform character and the role of personalized data. Both phenomena are briefly described from an economic perspective (section 2 and 3) with a focus on how they affect and change competition...
Persistent link: https://www.econbiz.de/10011612512
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Implications of unprofitable horizontal mergers: a positive external effect does not suffice to clear a merger!
Budzinski, Oliver; Kretschmer, Jürgen-Peter - In: Contemporary Economics 10 (2016) 1, pp. 13-26
Standard analysis of mergers in oligopolies along the lines of the popular Farrell-Shapiro Framework (FSF) relies, regarding its policy conclusions, on the assumption that rational agents will only propose privately profitable mergers. If this assumption were held, a positive external effect of...
Persistent link: https://www.econbiz.de/10011659871
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Measuring competitive balance in Formula One Racing
Budzinski, Oliver; Feddersen, Arne - 2019
The Formula One Championship (F1) is one of the biggest sports businesses in the world. But, however, it seems to astonish that only very few scholarly articles analyze the F1 business. The aim of this study is to contribute to closing two gaps in the existing literature: it contributes (1) to...
Persistent link: https://www.econbiz.de/10011994212
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Stars in social media: New light through old windows?
Gaenssle, Sophia; Budzinski, Oliver - 2019
We review the economics of superstars, originally developed for stars in traditional media, and discuss whether they are applicable for the (allegedly) novel phenomenon of stars in social media (influencer, micro-celebrities). Moreover, we analyse potentially new factors for creating social...
Persistent link: https://www.econbiz.de/10011995125