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Impact evaluation of merger decisions
Budzinski, Oliver - 2011
This paper provides a comparative analysis of methods for the empirical ex post evaluation of merger control decisions. It develops a competition-policy oriented framework of assessment criteria for the leading evaluation methods and applies them to structural modeling and simulation,...
Persistent link: https://www.econbiz.de/10010321697
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Measuring the deterrence properties of competition policy: the Competition Policy Indexes
Buccirossi, Paolo; Ciari, Lorenzo; Duso, Tomaso; … - 2009
The aim of this paper is to describe in detail a set of newly developed indicators of the quality of competition policy, Competition Policy Indexes, or CPIs. The CPIs measure the deterrence properties of a competition policy in a jurisdiction, where for competition policy we mean the antitrust...
Persistent link: https://www.econbiz.de/10010333910
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Optimal leniency programs when firms have cumulative and asymmetric evidence
Blatter, Marc; Emons, Winand; Sticher, Silvio - 2014
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
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Detection of Anticompetitive Horizontal Mergers
Hüschelrath, Kai - 2008
The paper develops a four-step framework to detect anticompetitive horizontal mergers. In the first step, an estimate of the impact of the merger on the market price needs to be derived. Subsequent, the second step of the framework has to assess whether such a predicted price increase would be...
Persistent link: https://www.econbiz.de/10010298688
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Is it Worth all the Trouble? The Costs and Benefits of Antitrust Enforcement
Hüschelrath, Kai - 2008
The paper aims at assessing the costs and benefits of antitrust enforcement. The analysis starts with an investigation of why competition is typically worth protecting followed by a collection of empirical evidence which shows that competition actually needs protection by antitrust policy in...
Persistent link: https://www.econbiz.de/10010298689
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Optimal structuring of assessment processes in competition law: A survey of theoretical approaches
Kretschmer, Jürgen-Peter - 2011
In competition law, the problem of the optimal design of institutional and procedural rules concerns assessment processes of the pro- and anticompetitiveness of business behaviors. This is well recognized in the discussion about the relative merits of different assessment principles such as the...
Persistent link: https://www.econbiz.de/10010286428
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Modern industrial economics and competition policy: Open problems and possible limits
Budzinski, Oliver - 2009
oligopoly theory, has become the dominating paradigm both in the U.S. (since the 1990s Post-Chicago movement) and in the EU (so …
Persistent link: https://www.econbiz.de/10010321698
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Wettbewerbsregeln für das digitale Zeitalter
Wambach, Achim - In: Wirtschaftsdienst 96 (2016) 8, pp. 589-593
Wettbewerbspolitik das Gesetz gegen Wettbewerbsbeschränkungen (GWB) an die Herausforderungen anpassen, die durch die zunehmende …
Persistent link: https://www.econbiz.de/10011530909
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Kartellrecht und Ökonomik: Institutions Matter!
Budzinski, Oliver; Haucap, Justus - 2019
Der vorliegende Beitrag diskutiert die Schnittstelle zwischen Recht und Ökonomik in der Wettbewerbspolitik. Aus einer … Rahmen einer positiven Institutionenökonomik der Wettbewerbspolitik analysieren die Autoren informationsökonomische Aspekte … Kartellrechts diskutiert. Schließlich exploriert der Beitrag soziologische Aspekte der Wettbewerbspolitik, welche in der Literatur …
Persistent link: https://www.econbiz.de/10012041000
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An institutional analysis of the enforcement problems in merger control
Budzinski, Oliver - 2010
The literature identifies a significant drop in merger control enforcement activity on both sides of the Atlantic during the last decade. Furthermore, this drop in enforcement activity is convincingly connected to enforcement problems on the sides of the competition agencies. This paper goes...
Persistent link: https://www.econbiz.de/10010321676