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Italy; Assessing Competition and Efficiency in the Banking System
International Monetary Fund (IMF); International … - 2007
other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in …
Persistent link: https://www.econbiz.de/10005769248
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Steigende Benzinpreise: Fehlende Transparenz auf dem Öl- und Kraftstoffmarkt?
Haucap, Justus; Diez, Willi; Otto, Hans-Joachim; … - In: Ifo Schnelldienst 65 (2012) 11, pp. 03-15
Sind die steigenden Benzinpreise ein Zeichen mangelnden Wettbewerbs auf den Öl- und Kraftstoffmärkten? Was kann die Einrichtung einer »Markttransparenzstelle« beim Bundeskartellamt bewirken? Für Justus Haucap, Universität Düsseldorf und Vorsitzender der Monopolkommission, sollten...
Persistent link: https://www.econbiz.de/10010567080
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The Focal Points of Competition Authority Activity
Timár, Balázs - In: Public Finance Quarterly 59 (2014) 1, pp. 47-64
The present study seeks to uncover what the reason was for the downturn in competition authority activity as observed in the past decade, and whether the drop in the number of competition authority cases had any significant impact on competition in domestic markets. The study was based primarily...
Persistent link: https://www.econbiz.de/10010826245
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Denmark; Financial Sector Assessment Program-Technical Note-Competition in the Banking Sector
International Monetary Fund (IMF); International … - 2007
This technical note analyzes the competition in the banking sector in Denmark. It reveals that Denmark has a fairly competitive and efficient banking sector. Measured by various indicators, efficiency of banking intermediation has been improving in recent years. The banking sector has become...
Persistent link: https://www.econbiz.de/10011244565
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Competition in the Financial Sector; Overview of Competition Policies
Claessens, Stijn - International Monetary Fund (IMF) - 2009
As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests …
Persistent link: https://www.econbiz.de/10005826668
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Competition Policy in Turkey
Mumcu, Ayşe; Zenginobuz, Unal - Volkswirtschaftliche Fakultät, … - 2001
We review the enforcement of competition policy and the activities of Turkish Competition Authority during 1997-2000. Descriptive statistics are provided on the caseload handled, such as types of anti-competitive behavior investigated, breakdown of investigations by industry, violations found,...
Persistent link: https://www.econbiz.de/10005836632
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Competition Policy for Modern Banks
Ratnovski, Lev - International Monetary Fund (IMF) - 2013
Traditional bank competition policy seeks to balance efficiency with incentives to take risk. The main tools are rules guiding entry/exit and consolidation of banks. This paper seeks to refine this view in light of recent changes to financial services provision. Modern banking is largely...
Persistent link: https://www.econbiz.de/10010790360
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The Effects of Leniency on Maximal Cartel Pricing
Houba, Harold; Motchenkova, Evgenia; Wen, Quan - Tinbergen Instituut - 2009
We analyze maximal cartel prices in infinitely-repeated oligopoly models under leniency where fines are linked to … collusion. We introduce cartel culture that describes how likely cartels persist after each conviction. Our analysis … disentangles the effects of traditional antitrust regulation, leniency, and cartel strategies. Without rewards to the strictly …
Persistent link: https://www.econbiz.de/10011256040
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What could anti-trust in the OECD do for development?
Bergeijk, Peter A.G. van - Institute of Social Studies (ISS) - 2009
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
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Antitrust enforcement with price-dependent fines and detection probabilities
Houba, Harold; Motchenkova, Evgenia; Wen, Quan - In: Economics Bulletin 30 (2010) 3, pp. 2017-2027
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