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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 …
Persistent link: https://www.econbiz.de/10012155116
We study how consumer search affects pricing in markets with incumbents and entrants using panel data on German electricity retail markets. Consumers observe the baseline price of the incumbent and decide whether or not to search. Incumbent providers can price discriminate between searching and...
Persistent link: https://www.econbiz.de/10011916675
publications in Wiley and Springer Nature journals at the cost of other journals. From that two related competition concerns emerge …
Persistent link: https://www.econbiz.de/10013236277
Mainstream competition law has failed to protect competition in core digital platform markets. This is partially due to … enforcement agency’s current commitment to proving the investigated conduct’s actual effects on competition and consumer welfare … resource-consuming to protect competition in digital markets prone to tipping. This contribution argues that well-designed per …
Persistent link: https://www.econbiz.de/10013300248
Boone (2008a) proposes a new competition measure based on Relative Profit Differences (RPD) with superior theoretical … indicator fails to correctly indicate competition. A proposed augmented indicator based on RPDs performs better. The traditional … Lerner-Index is still the only meas-ure that correctly indicates the expected competitive changes. -- Competition ; Boone …
Persistent link: https://www.econbiz.de/10009129974
market power appears to be constrained by competition and largely determined by demand side factors. Finally, we find that …
Persistent link: https://www.econbiz.de/10011553026
Economic theory provides ambiguous and conflicting predictions about the association between algorithmic pricing and … competition. In this paper we provide the first empirical analysis of this relationship. We study Germany's retail gasoline market … on outcomes linked to competition. Because station-level adoption is endogenous, we use brand headquarter-level adoption …
Persistent link: https://www.econbiz.de/10012824575
market power appears to be constrained by competition and largely determined by demand side factors. Finally, we find that …
Persistent link: https://www.econbiz.de/10012979689
Economic theory provides ambiguous and conflicting predictions about the association between algorithmic pricing and … competition. In this paper we provide the first empirical analysis of this relationship. We study Germany's retail gasoline market … outcomes linked to competition. Because station-level adoption is endogenous, we use brand headquarter-level adoption decisions …
Persistent link: https://www.econbiz.de/10012286512
Economic theory provides ambiguous and conflicting predictions about the association between algorithmic pricing and … competition. In this paper we provide the first empirical analysis of this relationship. We study Germany’s retail gasoline market … outcomes linked to competition. Because station-level adoption is endogenous, we use brand headquarter-level adoption decisions …
Persistent link: https://www.econbiz.de/10012263827