Narrow search
Showing 1 - 10 of 689,675
Cover Image
Agony of choice : trading off stability and competition in the banking markets
Hellwig, Michael; Laser, Falk Hendrik - 2019 - Preliminary version
and Fortis Bank NL in the Dutch retail banking market. The financial crisis delayed the completion of the merger giving …
Persistent link: https://www.econbiz.de/10012268034
Cover Image
Market entry regulation and international competition
Bayındır-Upmann, Thorsten; Stähler, Frank - 2003
As a part of their industry or competition policies governments decide whether to allow for free market entry of firms or to regulate market access. We analyze a model where governments (ab)use these policy decisions for strategic reasons in an international setting. Multiple equilibria of this...
Persistent link: https://www.econbiz.de/10011508060
Cover Image
Online Search Engine Competition with First-Mover Advantages, Potential Competition and a Competitive Fringe : Implications for Data Access Regulation and Antitrust
Casanova, Jordi - 2020
Are dominant online search engines monopolies enjoying low contest-ability, due to high barriers to entry, or innovative first-movers? This paper argues that dominant online search engines maintain their leadership through an “innovation feedback loop”: a process whereby increasing R&D...
Persistent link: https://www.econbiz.de/10012828760
Cover Image
Analysis of Optimal Tariff Schedules in Gas Transportation Under Open Access
Oviedo Arango, Juan Daniel - 2008
This document analyses the effects of regulation and competition policy on the structure of the gas market. The natural monopoly features of transportation, added to the physical and technological features of gas as a commodity, allow this activity to be the focus of interesting regulatory...
Persistent link: https://www.econbiz.de/10014026801
Cover Image
Preventing Monopoly or Discouraging Competition? The Perils of Price-Cost Tests for Market Power in Electricity
Brennan, Tim - 2006
Allegations of market power in wholesale electricity sales are typically tested using price-cost margins. Such tests are inherently suspect in markets, such as electricity, subject to capacity constraints. In such markets, prices can vary with demand while quantity and thus cost measures remain...
Persistent link: https://www.econbiz.de/10014060636
Cover Image
Bank Competition and Financial (In)Stability in Europe : A Sensitivity Analysis
Samantas, Ioannis - 2013
during the period 2002-2010. The results show an inverse U-shaped association between market power and bank soundness and … activities, official intervention to bank management and book transparency. However, in markets with higher share of foreign … stability channel of bank competition …
Persistent link: https://www.econbiz.de/10013072563
Cover Image
Pass-Through Pricing on Production Chains
Miceli, Maria-Augusta; Nardone, Claudia - 2016
We here want to analyze how the imperfect competition mark-up and pass-through are transmitted through the production chain and how they change, as a function of the number of firms existing at each production stage. In order to have an analytical closed form solution, we use the standard linear...
Persistent link: https://www.econbiz.de/10014034784
Cover Image
Happily ever after? - vertical and horizontal mergers in the U.S. media industry
Stöhr, Annika; Noskova, Victoriia; Kunz-Kaltenhäuser, … - 2019
media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine …
Persistent link: https://www.econbiz.de/10012011207
Cover Image
Competition, regulation and institutional quality
Fabella, Raul V. - 2017
Regulation and competition policy are two alternative modalities by which the state intervenes in the market. In order for either to deliver welfare gains, there must first be a pre-existing market failure. We first present different varieties of market failures and identify those for which...
Persistent link: https://www.econbiz.de/10011635985
Cover Image
Illinois walls
Schinkel, Maarten-Pieter; Tuinstra, Jan; Rüggeberg, Jakob - 2005
In its landmark ruling in Illinois Brick Co. v. Illinois in 1977, the U.S. Supreme Court restricted standing to sue for recovery of antitrust damages to direct purchasers. However, antitrust damages are typically (in part) passed on to intermediaries lower in the chain of production and...
Persistent link: https://www.econbiz.de/10011343268