Prime and Netflix and Advertised-financed VoD like YouTube. Competition policy decisions in such dynamic markets are always … particularly challenging. The German competition authority was presented such a challenge when, at the beginning of the 2010s …

Prime and Netflix and Advertised-financed VoD like YouTube. Competition policy decisions in such dynamic markets are always … particularly challenging. The German competition authority was presented such a challenge when, at the beginning of the 2010s …

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 …

An antitrust authority deters collusion using fines and a leniency program. Unlike in most of the earlier literature …, our firms have imperfect cumulative evidence of the collusion. That is, cartel conviction is not automatic if one firm …

An antitrust authority deters collusion using fines and a leniency program. It chooses the probability of an … investigation. Firms pick the degree of collusion: The more they collude, the higher are profits, but so is the probability of … ineffective; it may even increase collusion. Increasing the probability of an investigation at low levels does not increase …

An antitrust authority deters collusion using fines and a leniency program. It chooses the probability of an … investigation. Firms pick the degree of collusion: The more they collude, the higher are profits, but so is the probability of … inffective; it may even increase collusion. Increasing the probability of an investigation at low levels does not increase …

An antitrust authority deters collusion using fines and a leniency program. Unlike in most of the earlier literature …, our firms have imperfect cumulative evidence of the collusion. That is, cartel conviction is not automatic if one firm …

This paper investigates the effects on tacit collusion of increased market transparency on the consumer side of a … underbutting the collusive price. It also decreases the punishment profit. The net effect is that collusion becomes harder to … for tacit collusion. …