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We study the effect of organizational choice and institutions on the performance of Spanish car dealerships. Using outlet-level data from 1994, we find that verticallyintegrated dealerships showed substantially lower labor productivity, higher labor costs and lower profitability than franchised...
Persistent link: https://www.econbiz.de/10005704934
operators. Second, a problem of moral hazard is revealed, which is able to appear through the implementation of franchising …
Persistent link: https://www.econbiz.de/10005134552
franchise its outlets. The analysis of a sample of Spanish franchise networks shows that franchising is more likely when: a) the …
Persistent link: https://www.econbiz.de/10005736189
Computer-owners combine complementary goods to a computer-system. They exchange data with others and between different applications. These interdependencies lead to three different network effects, which are explained in the framework of Hotelling models. In the framework of a one-dimensional...
Persistent link: https://www.econbiz.de/10009277780
Filialsystemen des Einzelhandels behaupten zu können. Da das individualistische Leitbild der Wettbewerbspolitik in der Realität … weithin durch einen Wettbewerb der Handelsgruppen verdrängt wurde, hat sich eine regelrechte Theorie des System- bzw …. Gruppenwettbewerbs entwickelt. Diese Theorie hat Eingang in die EG-Freistellungsverordnung für Franchisevereinbarungen gefunden. Wenn die …
Persistent link: https://www.econbiz.de/10005048156
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Recently, the European Commission has decided to implement a simplified procedure in the context of vertical integration. If the combined market shares of the merging firms are less than 25 percent, upstream and downstream, the Commission will consider the merger harmless. The purpose of this...
Persistent link: https://www.econbiz.de/10005645451
We analyze optimal competition policy by a Competition Agency (CA) in a model with two countries, North and South, where a final good is produced by Northern oligopolistic firms using an input that can either be produced within the firm (vertical integration) or outsourced to Southern...
Persistent link: https://www.econbiz.de/10005700771
In this paper we revisit the debate on the role of vertical integration in the energy sectors: whether vertical integration between coal and electricity sectors is a path to create a competitive electricity market in China. We discuss coal-power conflict and potential anti-competitive concerns...
Persistent link: https://www.econbiz.de/10010576538