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mechanism of this coordination is valuable for economic thinking and economic theory. However, the implications of the perfect … original economic theory of contestability defines very strict conditions for perfectly contestable markets, antitrust has …
Persistent link: https://www.econbiz.de/10014536299
Recent allegations from participants of the FIA Formula One World Championship (F1) suggest that the promoter of F1 (possibly together with the sports association) violates European competition law in two ways. First, it allegedly abuses its market power by deducting an inappropriate high share...
Persistent link: https://www.econbiz.de/10012987907
The ministerial proposal for a 10th amendment of the German competition law particularly addresses abuse control and seeks to tighten this pillar of competition policy against the background of the challenges from the digital economy. Next to extending the classic policy instruments of abuse...
Persistent link: https://www.econbiz.de/10012229920
The importance of digital platforms and related data-driven business models is ever increasing and poses challenges for the workability of competition in the respective markets (tendencies towards dominant platforms, paying-with-data instead of traditional money, privacy concerns, etc.). Due to...
Persistent link: https://www.econbiz.de/10012212529
difficult search for a convincing theory of harm justifying the brutal enforcement of single-homing by the incumbent (section V). …
Persistent link: https://www.econbiz.de/10013539261
market failure. We provide an economic analysis of these allegations based upon economic theory as well as publicly available …, enriched with modern economic theory, should suffice to disincentivize the identified anticompetitive conduct for now. …
Persistent link: https://www.econbiz.de/10011492143
Recent allegations from participants of the FIA Formula One World Championship (F1) suggest that the promoter of F1 (possibly together with the sports association) violates European competition law in two ways. First, it allegedly abuses its market power by deducting an inappropriate high share...
Persistent link: https://www.econbiz.de/10011492229
In this paper, we comment on the debate about guidelines for Art. 102 TFEU in the face of the challenges brought by digital ecosystems and abuse of dominance in related markets. We take the perspective of dynamic competition economics and derive four recommendations for the future enforcement of...
Persistent link: https://www.econbiz.de/10014512364
Regulierung systemischer Marktmacht in digitalen Ökosystemen, anlassunabhängige Wettbewerbspolitik und sanktionsbewehrte …This paper applies dynamic competition theory to current topics and controversies in competition policy. In doing so …, it showcases how dynamic competition theory allows for specific competition policy recommendations and can contribute to …
Persistent link: https://www.econbiz.de/10014547794
Regulierung systemischer Marktmacht in digitalen Ökosystemen, anlassunabhängige Wettbewerbspolitik und sanktionsbewehrte …This paper applies dynamic competition theory to current topics and controversies in competition policy. In doing so …, it showcases how dynamic competition theory allows for specific competition policy recommendations and can contribute to …
Persistent link: https://www.econbiz.de/10014538807