Showing 1 - 10 of 530
The acquisition by Berendsen Ireland Limited of Kings Laundry Limited should have been prohibited by the Competition and Consumer Protection Commission, Ireland’s competition agency. Instead the agency cleared the merger subject to the divestment of three of Berendsen’s healthcare contracts....
Persistent link: https://www.econbiz.de/10015212178
This article analyzes tacit collusion in infinitely repeated multiunit uniform price auctions in a symmetric … set bids that are arbitrary finite step functions of price-quantity pairs, in repeated uniform price auctions maximal …
Persistent link: https://www.econbiz.de/10015230700
Collusion in auctions affects both revenue and efficiency and are prevalent. Yet, sellers do not use collusion …-proof auctions as often as they should. Why is that? We find that one reason for this could be the cost of implementing efficient … collusion-proof auctions. We use California highway procurements data, to estimate the cost of implementing collusion …
Persistent link: https://www.econbiz.de/10015243357
Explicit collusion, or cartel behavior, involves coordinated efforts among firms within a market to restrict competition for their mutual benefit. Recidivism in this context occurs when cartel members, previously fined for such activities, establish a new cartel in the future. This paper...
Persistent link: https://www.econbiz.de/10015213703
n 2020, an antitrust lawsuit was filed against the Pork Integrators alleging a §1 Sherman Act violation. At the center of the Lawsuit, there is an alleged exchange of atomistic information about the Pork integrators’ operations using Agri Stats, Inc. as a clearinghouse. We use the Supreme...
Persistent link: https://www.econbiz.de/10015213843
There is little doubt that the fight against cartels is one of the most important objectives of Antitrust Authorities … successful in triggering evidence by cartel participants and thus in determining the collapse of several cartels, it has not …
Persistent link: https://www.econbiz.de/10015222651
P2P networks have mainly been used for downloading cultural goods. This sociological research focuses on the practices and norms of users and designers. Drawing on a qualitative survey, it explores the many ways sharing takes place. It looks at P2P networks as file sharing communities and probes...
Persistent link: https://www.econbiz.de/10015223124
This article discusses changes in the U.S. telecommunications market over the last decade and argues that increasing competitive substitution from wireless and internetbased communications has undermined the rationale for conventional monopoly regulation of incumbent local telephone carriers....
Persistent link: https://www.econbiz.de/10015223201
The article present a brief analyze of theoretical virtues of free competition in relation with some visible limits and negative consequences observed in real economic life. Social intervention to correct (at least in part) those social failures and the new responses of the firms are discussed...
Persistent link: https://www.econbiz.de/10015228251
In 2006, Russia amended its competition law and added the concepts of “collective dominance” and its abuse. This was seen as an attempt to address the common problem of “conscious parallelism” among firms in concentrated industries. Critics feared that the enforcement of this provision...
Persistent link: https://www.econbiz.de/10015228736