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recovery of antitrust damages to direct purchasers. However, antitrust damages are typically (in part) passed on to … collusion. It allows an upstream cartel to shield itself from private damage claims by forwarding a share of cartel profits to … private damages. The cartel can achieve this by rationing inputs at low prices. Several U.S. antitrust cases show symptoms of …
Persistent link: https://www.econbiz.de/10011343268
antitrust market than manufacturers' brands. …
Persistent link: https://www.econbiz.de/10010227408
Given various recent antitrust investigations on the retail sector, we deal with uncovering demand systems substitution …
Persistent link: https://www.econbiz.de/10010434293
The Great Reversal is a pleasure to read because of its original arguments and thorough reasoning by a very able economist. Thomas Phillippon analyses the state of competition in the US and Europe, respectively, very convincingly. His main finding is that the intensity of competition has...
Persistent link: https://www.econbiz.de/10014262883
We consider separately strategic entry and asymmetric information in the design of the settlement policy governing patent disputes, with a focus on Shapiro(2003)'s consumer protection rule. We show that, when a potential entrant strategically incurs an entry cost before engaging in a patent...
Persistent link: https://www.econbiz.de/10014210734
join its syndicate to complete production. Using repeated extensive form games, we show that collusion in syndicated … markets may become easier as market concentration falls, and that market entry may facilitate collusion. In particular, firms … can sustain collusion by refusing to syndicate with any firm that undercuts the collusive price (and thereby raising that …
Persistent link: https://www.econbiz.de/10011901727
Competition agency guidelines, policy statements and related advocacy are an important vehicle for policy expression and the guidance of firms across the full spectrum of anti-competitive practices and market conduct. The role of guidelines and policy statements has, arguably, been particularly...
Persistent link: https://www.econbiz.de/10011810287
) achieve merely imperfect levels of collusion, (3) compete against some fringe firms, and (4) adjust to market entries and … group of firms competes against independent fringe rivals. The market is surveilled by an antitrust authority that has three … different policy instruments at its disposal: Ensuring free market access, obstructing collusion, and discouraging collusion …
Persistent link: https://www.econbiz.de/10014312372
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