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We investigate the impact of competition policy enforcement on the functioning of European energy markets, and how … EU member states’ competition policy decisions, and combine it with firm- and sector-level data. We find that EC merger … policy has a positive and robust impact on (i) the level of competition; (ii) investment; and (iii) productivity. This impact …
Persistent link: https://www.econbiz.de/10011672928
Persistent link: https://www.econbiz.de/10012118236
We investigate the impact of competition policy enforcement on the functioning of European energy markets, and how … EU member states' competition policy decisions, and combine it with firm- and sector-level data. We find that EC merger … policy has a positive and robust impact on (i) the level of competition; (ii) investment; and (iii) productivity. This impact …
Persistent link: https://www.econbiz.de/10012951774
We estimate the deterrence effects of European Commission (EC) merger policy instruments over the 1990-2009 period. Our empirical results suggest that phase-1 remedies uniquely generate robust deterrence as – unlike phase-1 withdrawals, phase-2 remedies, and preventions – phase-1 remedies...
Persistent link: https://www.econbiz.de/10011392122
positively affects competition and productivity, though not yet perfectly effectively. In times of increased market concentration …
Persistent link: https://www.econbiz.de/10012007682
Persistent link: https://www.econbiz.de/10011878231
This paper empirically investigates the effectiveness of competition policy by estimating its impact on Total Factor … signficant effect of competition policy asmeasured by newly created indexes. We provide several arguments and results based on … causal way. At a disaggregated level, the effect on TFP growth is particularly strong for specific aspects of competition …
Persistent link: https://www.econbiz.de/10003909285
The aim of this paper is to describe in detail a set of newly developed indicators of the quality of competition policy …, Competition Policy Indexes, or CPIs. The CPIs measure the deterrence properties of a competition policy in a jurisdiction, where … for competition policy we mean the antitrust legislation, including the merger control provisions, and its enforcement …
Persistent link: https://www.econbiz.de/10003909293
This paper provides a comprehensive discussion of the deterrence properties of a competition policy regime. On the …
Persistent link: https://www.econbiz.de/10003909295
very effective. Selective relief for certain sectors may be problematic under competition law and may need to be granted …
Persistent link: https://www.econbiz.de/10014419178