Showing 1 - 10 of 1,914
Recently, Chr. Mantzavinos proposed a new concept for antitrust analysis drawing on theoretical developments in New … welfare economics, Mantzavinos pleas for a rule-governed antitrust policy which mainly operates with per se rules. This paper …
Persistent link: https://www.econbiz.de/10008509579
Recently, Chr. Mantzavinos proposed a new concept for antitrust analysis drawing on theoretical developments in New … welfare economics, Mantzavinos pleas for a rule-governed antitrust policy which mainly operates with per se rules. This paper … argues that the criticism of the traditional foundations of antitrust is inadequate and that per se rules rarely work …
Persistent link: https://www.econbiz.de/10008509582
This paper investigates the empirical relationship between competition in the financial sector and the creation of firms in the non-financial sector. It finds that bank competition has an overall positive effect on firm creation. However, consistent with theories of banking arguing that...
Persistent link: https://www.econbiz.de/10005826289
ADM was at the center of two large global price-fixig conspiracies. Buyers were overcharged $116 to $378 million in the United States. Market structure and corporate management style facilitated these cartels. The criminal prosecutions and defendants' legal strategies were both laudatory, but...
Persistent link: https://www.econbiz.de/10005827099
This paper investigates the market structure of the insurance business by analyzing the (interlock) linkages among companies created by their directors. We focus on the non-life business since this is a sector relatively closed with respect to the competition with other financial activities; an...
Persistent link: https://www.econbiz.de/10005835457
This paper reports the results of an experiment designed to assess the ability of an incumbent seller to profitably foreclose a market with exclusive contracts. We use the strategic environment described by Rasmusen, Ramseyer, and Wiley (1991) and Segal and Whinston (2000) where entry is...
Persistent link: https://www.econbiz.de/10005835746
The purpose of the present paper is to contribute to the literature on country interlocks by illustrating and analysing the interlocking directorships in the Italian listed companies from 1998 to 2006. We find that over the entire period a high percentage of the Italian listed companies are...
Persistent link: https://www.econbiz.de/10005836560
Persistent link: https://www.econbiz.de/10005838436
Media markets are characterized by strong peculiarities that often call for longterm exclusivity contracts between content providers and distributors or for vertical or horizontal integration. This paper analyzes and compares the economic effects of existing alternative systems of access to...
Persistent link: https://www.econbiz.de/10008511713
Persistent link: https://www.econbiz.de/10010677749