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Drawing on panel data on daily fuel prices covering over 5,000 filling stations in Germany, this paper documents a change in the stations' price setting behavior following the introduction of a legally mandated online price portal in 2013. Prior to the portal, positive asymmetry is found on the...
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To increase competition in the retail market for gasoline, Germany's Federal Cartel Office established the so … margins of gas stations. We find that the MTU fostered a more intense competition, with a reduction in price margins of 1 …Mit dem Ziel den Wettbewerb auf dem Benzinmarkt zu erhöhen, wurde die so genannte Markttransparenzstelle für …
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Market delineation is a fundamental tool in modern antitrust analysis. However, the definition of relevant markets can be very difficult in practice. This preliminary draft applies a new methodology combining a simple price correlation test with hierarchical clustering -a method known from...
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identical across brands, irrespective of the lag count, suggesting a high degree of competition among brands. … den fünf großen Tankstellenmarken. Dies spricht für eine sehr hohes Maß an Wettbewerb im deutschen Tankstellenmarkt. Die …
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We study competition in the German interurban bus industry two years after its liberalization in January 2013. In … of market power by incumbents – and derive several recommendations to secure effective competition in the industry. …
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