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Over the last decade a large body of economic research has emerged that has sought to empirically test the effectiveness of leniency policies as tools to enhance the detection, prosecution and deterrence of cartel conduct. This research has considerable potential value in assisting competition...
Persistent link: https://www.econbiz.de/10012110655
The theoretical framework of the adequacy or otherwise of fine reductions under the EU and US Leniency Programmes has been explored widely. However, the characteristics of the reporting cartel members remain unexplained. This is the first paper to develop a model where heterogeneous cartel...
Persistent link: https://www.econbiz.de/10012110656
Tracking online user behavior is essential for targeted advertising and is at the heart of the business model of major online platforms. We analyze tracker-specific web browsing data to show how the prediction quality of consumer profiles varies with data size and scope. We find decreasing...
Persistent link: https://www.econbiz.de/10015061967
der Wettbewerbspolitik an. Damit zeigt der Beitrag, dass dynamische Wettbewerbstheorien sehr wohl zu konkreten … Regulierung systemischer Marktmacht in digitalen Ökosystemen, anlassunabhängige Wettbewerbspolitik und sanktionsbewehrte …This paper applies dynamic competition theory to current topics and controversies in competition policy. In doing so …
Persistent link: https://www.econbiz.de/10014547794
An antitrust authority deters collusion using fines and a leniency program. Unlike in most of the earlier literature, our firms have imperfect cumulative evidence of the collusion. That is, cartel conviction is not automatic if one firm reports: reporting makes conviction only more likely, the...
Persistent link: https://www.econbiz.de/10011420625
Im Internet erfreut sich ein Geschäftsmodell erheblicher Beliebtheit, bei welchem den Nut-zern Dienstleistungen oder Inhalte (in traditionellen Geldeinheiten) unentgeltlich zur Verfügung gestellt werden und stattdessen die auf dem Wege der Nutzung durch die Nutzer (bewusst oder unbewusst)...
Persistent link: https://www.econbiz.de/10011713302
In this paper, we consider two platforms that compete for the development of a new product to integrate into their ecosystems. The new product can be developed either inhouse by the platforms or by an independent startup active only in the technology market. The presence of the startup affects...
Persistent link: https://www.econbiz.de/10015211325
Over the period 2015-2017, the five giant technologically leading firms, Google, Amazon, Facebook, Amazon and Microsoft (GAFAM) acquired 175 companies, from small start-ups to billion dollar deals. By investigating this intense M&A, this paper ambitions a better understanding of the Big Five's...
Persistent link: https://www.econbiz.de/10012179855
Digitale Großkonzerne wie Facebook, Google & Co. stellen die Wettbewerbsinstitutionen vor neue Herausforderungen. Mithilfe der Charakteristiken von Plattformmärkten können sie ihre Macht und Verhandlungsstärke zunehmend verfestigen und darüber hinaus marktübergreifende digitale Ökosysteme...
Persistent link: https://www.econbiz.de/10012299431
the dominance concept to also include oligopolistic dominance is sensible and based on widely accepted economic theory. I … in economic theory and empirical economic evidence related to the oligopolistic dominance that is relevant to the …
Persistent link: https://www.econbiz.de/10010285211