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Merger control plays a central role in competition policy. When assessing proposed mergers, Competition Authorities … requiring the approval of Competition Authorities. Divestitures are often a condition of merger approval. This report … investigates the effectiveness of implementing such merger remedies when bargaining between manufacturers and retailers is a key …
Persistent link: https://www.econbiz.de/10014577277
unter der Auflage einer teilweisen Entflechtung genehmigt wurde. Dabei mussten die Unternehmen eine ihrer Marken an einen … konkurrierenden Hersteller verkaufen. Simulationen zeigen, dass die Entflechtung tatsächlich dazu beitrug, die negativen Auswirkungen …
Persistent link: https://www.econbiz.de/10014577338
This paper analyzes a merger of large manufacturers with divestiture in the French coffee market. In contrast to …
Persistent link: https://www.econbiz.de/10014635079
Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries … empirical evidence that unbundling eliminates economies of vertical integration while empirical evidence on price reducing … effects is still lacking. In this paper we study the effect of legal unbundling on grid charges in the German electricity …
Persistent link: https://www.econbiz.de/10011933949
, we show that (1) banning fee discrimination and platform entry is detrimental to welfare, (2) a vertical merger within a …
Persistent link: https://www.econbiz.de/10012799740
In this paper I describe a method for analyzing mergers in industries in which it is more cost effective to close capacity than to idle it. The method can be used to define markets, to assess the likelihood of competitive effects and to evaluate divestitures. I also discuss the method’s data...
Persistent link: https://www.econbiz.de/10012056308
This paper develops a new approach that combines firm margins, market-level industry data and a static demand model to construct sets containing unbiased estimates of long-run price elasticities for storable good industries. It obviates the need to solve the consumer's value function and can be...
Persistent link: https://www.econbiz.de/10012621134
Competition authorities must pay attention to many industries simultaneously. Sectoral regulators concentrate on their own industry. Often both types of authority may intervene in specific industries and there is an overlap of jurisdictions. We show how a competition authority's resource...
Persistent link: https://www.econbiz.de/10010285609
Pricing strategies may include the advertising of meeting-the-competition clauses (MCCs). We show in a specific spatial model scenario with differently informed consumers that MCCs primarily serve as a device to facilitate collusion instead of allowing for price discrimination between these...
Persistent link: https://www.econbiz.de/10010321690
-Fairfax merger, and Fairfax's subsequent closure of 15 newspaper titles. We find strong evidence for competition between overlapping … titles. This market is competitive and will likely suffer if the merger were granted. …
Persistent link: https://www.econbiz.de/10012624285