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We study auctions in which the number of potential bidders is large, such as in Internet auctions. With numerous … Internet auctions. …
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Internet auctions, such as those on eBay, are known for multiple bidding and sniping. Buyers send bids in the closing … both sniping and multiple bidding. By submitting multiple bids, buyers co-ordinate between auctions, so that all objects …
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Most-favoured-customer (MFC) clauses adopted by online platforms in their relevant contractual relationships guarantee to an online platform that a supplier will treat the platform as favourably as the supplier's most-favoured-customer concerning price, availability and similar terms of a given...
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Motivated by a recent competition policy debate on retailers' collusion in online marketplaces, this paper studies a … prices compared to the non-cooperative equilibrium, and collusion benefits consumers and increases total welfare. Notably …
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This paper contains our personal observations on the CMA's Interim Report on its Market Study on Online platforms and digital advertising (the “Interim Report”). As a starting point, we are very impressed by the quality of the Interim Report as it correctly identifies the competition issues...
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Collusion likely has adverse effects on social welfare. In this paper, we study collusion in the e-procurement market … collusion detection algorithm on a sample of 863 prosecuted collusive firms that participated in 23,515 tenders …
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