Showing 1 - 10 of 26
The objective of this paper is to discuss and compare the role that different constituencies play in US and EU procedures for merger control. We describe the main constituencies (both internal and external) involved in merger control in both jurisdictions and discuss how a typical merger case...
Persistent link: https://www.econbiz.de/10011381174
This paper considers the APEC and proposed EGA agreements which grant tariff concession in favor of "green" goods. We .nd that the practical significance of the APEC agreement should not be overestimated as it involves modest tariff concessions over a subset of goods which are not heavily...
Persistent link: https://www.econbiz.de/10012049278
We model merger control procedures as a process of sequential acquisition of information in which mergers can be cleared after a first phase of investigation. We find that the enforceability of clearance decisions at the end of the first phase is unattractive to the extent that it prevents the...
Persistent link: https://www.econbiz.de/10012049279
In this paper we specify and estimate a structural model which links product market competition and union power. The model has a two-stage setting in which wages are determined through bargaining between management and unions in the first stage, with a price-setting market game to follow in the...
Persistent link: https://www.econbiz.de/10010278065
In this paper, we analyse the scope for conflict between national merger control agencies which assert jurisdictions simultaneously. We consider a positive model of merger control in which market definition and the analysis of dominance are both explicitly specified. We find that conflict in...
Persistent link: https://www.econbiz.de/10010278070
Persistent link: https://www.econbiz.de/10010278124
In this paper we specify and estimate a structural model which links product market competition and union power. The model has a two-stage in which are determined through bargening between management and unions in the first stage, with a price-setting market game to follow in the second stage....
Persistent link: https://www.econbiz.de/10010278132
This paper considers merger control in a common agency framework where firms and their competitors can influence the antitrust agency and where transparency – while making lobbying less effective – also implies real resource costs. We examine the performance of two alternative standards that...
Persistent link: https://www.econbiz.de/10010278142
We characterize the degree of price discretion that competing principals award their agents in a framework where agents are informed about demand and seek to pass on their unveriÖable distribution costs to consumers at the principalsí expense. Principals learn demand probabilistically and may...
Persistent link: https://www.econbiz.de/10014374438
At which stage in the production chain should patent licensing takes place? In this paper we show that under realistic circumstances a patent holder would be better off by licensing downstream. This occurs when the licensing revenue can depend on the downstream value of the product either...
Persistent link: https://www.econbiz.de/10014374439