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synergy). We show that the existence of positive synergies implies declining expected prices. When synergies are negative … simultaneously as a bundle or sequentially when synergies are positive. Second, when synergies are negative, the expected revenue … addition, in the presence of positive synergies, an option to buy the additional object at the price of the first object is …
Persistent link: https://www.econbiz.de/10009448603
The thesis investigates the impact of endogenous financial synergies on the product market behavior of merging firms …. Examining a diversifying merger of risk-neutral firms in unrelated product markets, it finds that purely financial synergies … aspects of mergers and acquisitions that cause financial synergies are therefore important for the assessment of unilateral …
Persistent link: https://www.econbiz.de/10009449718
demand side policies, and the potential synergies between them, in an asymmetric monetary union that faces a liquidity trap … rates produces positive synergies between the three policies: forward guidance reinforces the expansionary effects of …
Persistent link: https://www.econbiz.de/10012530499
We examine the intersection of patents and antitrust where a patentholder uses the monopoly power it possesses in the … patentedinvention. Economic theory suggests that it is inappropriate to immunizea patent holder from antitrust liability when it … innovations and their reluctance to second-guess themarketplace. However, applying traditional antitrust principles, courtshave …
Persistent link: https://www.econbiz.de/10009435110
aggressive antitrust oversight over further mergers and consolidations, assuring that more germ plasm is in the public domain …
Persistent link: https://www.econbiz.de/10009444413
restraints are antitrust violations and demonstrates that the economic justifications for merchant restraints are unfounded …
Persistent link: https://www.econbiz.de/10009466414
-based communication. The paper examines the competitive aspects of B2B from the view point of the antitrust law and analyzes oligopsony … suppliers by depressing the quantity of input purchased artificially. Drawing on microeconomic theory and antitrust law, the … interdisciplinary work in the paper explores the implications of oligopsony, or buying power, for antitrust policy. The paper offers a …
Persistent link: https://www.econbiz.de/10009467533
questions:(1) How does the existing antitrust-law in the United States, Germany, and the European Union affect the behavior of … relevant interestgroups? (2) Is it possible to improve the efficiency of the existing antitrust-laws in Germany and in the EU … by introducing an privat action clause comparable to the US-antitrust-laws? …
Persistent link: https://www.econbiz.de/10009471700
Die Internationalisierung der Wettbewerbspolitik wird unter dem Aspekt untersucht, wie Staaten ihre wettbewerbspolitischen Maßnahmen im internationalen Handel strategisch ausnutzen können. In Analogie zur strategischen Handelspolitik werden die unilateral gesetzten Wettbewerbspolitiken mit der...
Persistent link: https://www.econbiz.de/10009471701
section 1 of the Sherman Antitrust act concerning the treatment of ET three times, oscillating between a "rule of reason … trades firms that are involved in ET related antitrust Litigation. When these firms win (lose) their own ET case, they …
Persistent link: https://www.econbiz.de/10009472198