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We analyze the short- and long-run implications of third-degree price discrimination in input markets where downstream firms differ in their efficiency. In contrast to the extant literature, where the supplier is typically an unconstrained monopolist, in our model input prices are constrained by...
Persistent link: https://www.econbiz.de/10012734151
structural increases in firms' pricing power call for a pro-active assessment of potential competition cases and increased …
Persistent link: https://www.econbiz.de/10012870591
product-by-product market definition to pipeline competition and innovation competition, and discusses the concept of … innovation space. The paper provides a structural analysis of unilateral effects in such markets analyzing how competition …
Persistent link: https://www.econbiz.de/10013321459
points of these heavily merged firms We recommend that breakups be on the policy menu for competition agencies …
Persistent link: https://www.econbiz.de/10013226281
intermediaries between businesses and consumers, and the difficulty for classic competition policy tools to deal effectively with … for a Digital Markets Act (DMA) to complement existing competition policy tools by means of ex-ante obligations for … anti-competitive behaviour are well-known from classic competition cases, data-driven multi-sided platforms have found new …
Persistent link: https://www.econbiz.de/10013245166
I consider the case for imposing uniform pricing on a monopolist in a setting where markets can be segmented according to differences in marginal costs and/or consumer demand. I also analyze the ex ante impact on incentives to invest in R&D. I show how two opposite trade-offs arise. When...
Persistent link: https://www.econbiz.de/10014055504
Regulators have long been aware of the social aspects of communication. In the past, regulated monopolists have provided Universal Service Obligations, typically funded via a system of cross-subsidies. In this paper, we first review the rationale for imposing Universal Service Obligations, based...
Persistent link: https://www.econbiz.de/10011409371
Regulators have long been aware of the social aspects of communication. In the past, regulated monopolists have provided Universal Service Obligations, typically funded via a system of cross-subsidies. In this paper, we first review the rationale for imposing Universal Service Obligations, based...
Persistent link: https://www.econbiz.de/10010315281
Regulators have long been aware of the social aspects of communication. In the past, regulated monopolists have provided Universal Service Obligations, typically funded via a system of cross-subsidies. In this paper, we first review the rationale for imposing Universal Service Obligations, based...
Persistent link: https://www.econbiz.de/10005181574
Persistent link: https://www.econbiz.de/10001247724