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Philippine Competition Policy in Perspective
Medalla, Erlinda M. - 2002
Although justification for competition policies is well founded in the economic literature, there is a need to understand their implications more fully, brought about not just by what is happening in the global arena but even more importantly by various comprehensive policy reforms that have...
Persistent link: https://www.econbiz.de/10011429695
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Wettbewerb als Hypothesentest: Implikationen für die moderne Wettbewerbspolitik?
Budzinski, Oliver - 2024
Regulierung systemischer Marktmacht in digitalen Ökosystemen, anlassunabhängige Wettbewerbspolitik und sanktionsbewehrte … der Wettbewerbspolitik an. Damit zeigt der Beitrag, dass dynamische Wettbewerbstheorien sehr wohl zu konkreten …This paper applies dynamic competition theory to current topics and controversies in competition policy. In doing so …
Persistent link: https://www.econbiz.de/10014547794
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Maximal Cartel Pricing and Leniency Programs
Houba, Harold; Motchenkova, Evgenia; Wen, Quan - 2008
For a general class of oligopoly models with price competition, we analyze the impact of ex-ante leniency programs in antitrust regulation on the endogenous maximal-sustainable cartel price. This impact depends upon industry characteristics including its cartel culture. Our analysis disentangles...
Persistent link: https://www.econbiz.de/10010325912
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Fighting hard core cartels
Hüschelrath, Kai; Weigand, Jürgen - 2010
The paper provides a comprehensive survey of the economics behind the fight against hard core cartels. Differentiating between four subsequent stages - characterisation, welfare effects, enforcement and evaluation - the paper pays particular attention to cartel detection methods, the derivation...
Persistent link: https://www.econbiz.de/10010303008
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The Effects of Leniency on Maximal Cartel Pricing
Houba, Harold; Motchenkova, Evgenia; Wen, Quan - 2009
We analyze maximal cartel prices in infinitely-repeated oligopoly models under leniency where fines are linked to illegal gains, as often outlined in existing antitrust regulation, and detection probabilities depend on the degree of collusion. We introduce cartel culture that describes how...
Persistent link: https://www.econbiz.de/10010326004
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Critical loss analysis in market definition and merger control
Hüschelrath, Kai - 2009
The last couple of years have seen an increasing interest in critical loss analysis, both, in academia and in practice. This development is documented by various research papers, high-level exchanges between antitrust experts as well as an increasing number of case decisions which make use of...
Persistent link: https://www.econbiz.de/10010299843
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Joint Estimation of Mark-up and Bargaining Power Parameters for Belgian Manufacturing
Dobbelaere, Sabien - 2002
This paper applies several extensions of Hall's (1988) methodology to analyse imperfections in both the product and the labour market for firms in the Belgian manufacturing industry over the period 1988-1995. We investigate (1) the heterogeneity in mark-up and bargaining power parameters among...
Persistent link: https://www.econbiz.de/10010313294
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A compass to guide EU policy in support of business competitiveness
Erixon, Fredrik; Guinea, Oscar; Lamprecht, Philipp; … - 2022
The EU agenda for improving competitiveness is missing in action. Economic competitiveness has been a central plank in the development of the European Union - a relentless quest for policies that lead to more prosperity and that make European companies in world markets more successful. However,...
Persistent link: https://www.econbiz.de/10014560176
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Mergers and rivals' mark-ups: Evidence from European paper manufacturers
Marinov, Rosen - 2007
This paper investigates the effect of merger-driven market concentration on the markups of non-merging rival firms in Europe's paper manufacturing industry. Using a representative data set of 400 independently-owned companies spanning a ten-year period, we aim to disentangle the impact of...
Persistent link: https://www.econbiz.de/10010316731
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Market Structure in Services and Market Access in Goods
Francois, Joseph; Wooton, Ian - 2004
that highlights this interaction. Theory points to an expected linkage between service sector competition and goods trade …
Persistent link: https://www.econbiz.de/10010325473