Showing 1 - 10 of 2,010
This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...
Persistent link: https://www.econbiz.de/10014023495
essential for judgments in such cases, and we allow the court to make errors. The imperfect enforcement by courts, affects both …
Persistent link: https://www.econbiz.de/10012719265
emphasizing strategic theory has shown that predation can be rational, and empirical studies have presented evidence consistent … with successful predation. In this sense, the economics of predatory pricing has moved closer to other areas of … assumption that successful predation was rare, has remained relatively intact. While the recent economic literature may have …
Persistent link: https://www.econbiz.de/10014216880
The ministerial proposal for a 10th amendment of the German competition law particularly addresses abuse control and seeks to tighten this pillar of competition policy against the background of the challenges from the digital economy. Next to extending the classic policy instruments of abuse...
Persistent link: https://www.econbiz.de/10012229920
Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments reveal important insights on individuals acting as firms,...
Persistent link: https://www.econbiz.de/10012886259
Dominant or apparently dominant internet platform increasingly become subject to both antitrust investigations and further-reaching political calls for regulation. While Google is currently in the focus of the discussion, the next candidate is already on the horizon - the ubiquitous online...
Persistent link: https://www.econbiz.de/10011492143
Public and private action against cartels is an internationally recognized cornerstone of antitrust enforcement …. Effective private enforcement requires that cartel victims can receive (at least) full compensation for the harm suffered …
Persistent link: https://www.econbiz.de/10010233583
While private actions for damages by customers against price-cartels receive much attention, the treatment of other groups affected by such conspiracies is largely unresolved. This article narrows the research gap with respect to suppliers to a downstream price cartel. First, we show that such...
Persistent link: https://www.econbiz.de/10009787408
position (Article 82 EC) on the one hand and the efforts to enhance private enforcement of competition law through private … damage claims on the other hand. The paper argues that effective enforcement requires that exactly those cases should be … individual harm there is concern for an under-deterrence through private enforcement. On the other hand, there are cases where …
Persistent link: https://www.econbiz.de/10013134375
Persistent link: https://www.econbiz.de/10013139542