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Persistent link: https://www.econbiz.de/10004964370
The study compares the performance of the Australian telecommunications services industry with those in other countries. Related papers submitted to this study by NECG Ltd. and Telecom New Zealand have been released with the report.
Persistent link: https://www.econbiz.de/10005134992
This paper examines the effect that a country’s business regulatory environment has on the amount of foreign direct investment it attracts. We use the World Bank’s Ease of Doing Business ranking to capture the costs that firms face when operating in a country. Several interesting results...
Persistent link: https://www.econbiz.de/10011151027
The main objective of the assessment was to analyze and observe the implementation of the International Organization of Securities Commissions (IOSCO) Principles in Australia. The various responsibilities of the Australian Securities and Investments Commission (ASIC) were highlighted and the...
Persistent link: https://www.econbiz.de/10011242567
The macroeconomic environment of Japan has constantly been under pressure owing to rising public debt and fiscal deficits. Credit demand has been limited and has shown weak profitability. Growing risks have heightened concerns about a possible feedback to financial stability. This report...
Persistent link: https://www.econbiz.de/10011242849
The Australian legal and regulatory framework for securities markets exhibits a high level of compliance with the International Organization of Securities Commissions (IOSCO) Principles. A few remaining concerns need to be resolved, including some identified in the 2006 assessment. Australian...
Persistent link: https://www.econbiz.de/10011243682
disentangles the effects of traditional antitrust regulation, leniency, and cartel strategies. Without rewards to the strictly …-first reporter, leniency cannot reduce maximal cartel prices below those under traditional regulation. Moreover, in order to avoid …We analyze maximal cartel prices in infinitely-repeated oligopoly models under leniency where fines are linked to …
Persistent link: https://www.econbiz.de/10011256040
The extra-territorial effects of cartels, mergers and other non-competitive activities require consideration especially if they harm consumers and firms in developing countries. This paper provides an overview of the available empirical literature regarding the impact of cartels, mergers and...
Persistent link: https://www.econbiz.de/10010730598
The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in the Italian banking sector has intensified in loan and...
Persistent link: https://www.econbiz.de/10005769248
probabilities depend on the cartel price. Such fines reflect actual guidelines. Inspections based on monitoring of market prices …-monitoring implies that the profit-maximizing cartel price always lies below the monopoly price independently of the fine structure …
Persistent link: https://www.econbiz.de/10008500620