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economic issues of competition on dominant platforms, using Amazon as a case study. The paper examines the role of dominant … recommendations to adapt competition law to the challenges of the digital economy …
Persistent link: https://www.econbiz.de/10013233108
This paper develops a model that formalizes several connections between mergers, collusion and competition policy. In …) and the competition authority can only deter collusion by restricting mergers. Finally, we highlight that mergers could be … more harmful (less beneficial) than expected if the impact that mergers have on the competition regime is properly …
Persistent link: https://www.econbiz.de/10014110460
The paper presents a model of a payment card association which provides payment cards as well as ATM services. Consumers are able to substitute cards by cash and regard cash as an inferior substitute for a debit card. I analyze the role of some widely accepted interchange agreements, such as the...
Persistent link: https://www.econbiz.de/10013046501
We analyze collusion under demand uncertainty by cartels such as OPEC that care about the utility derived from profits by citizens. When citizens are sufficiently risk averse and fixed operating costs are non-trivial, it becomes difficult for cartels to collusively restrict output both when...
Persistent link: https://www.econbiz.de/10013045808
In a Stackelberg oligopoly with cost asymmetry and possibility of entry, the Stackelberg leader faces a kinked demand curve. For a robust interval of cost of the leader, the equilibrium price is rigid with respect to small changes in demand and costs of active firms
Persistent link: https://www.econbiz.de/10014064157
We investigate the trade-off between financial stability and competition policy by focusing on the merger of ABN AMRO … products using a random-coefficients logit model. On the supply side we assume Bertrand Nash competition in a multiproduct …
Persistent link: https://www.econbiz.de/10012268034
We propose an analysis of platform competition based on the academic literature with a view towards competition policy …. First, we discuss to which extent competition can emerge in digital markets and show which forms it can take. In particular … competition in platform markets. Second, we analyse competition policy issues and discuss how rules designed for standard markets …
Persistent link: https://www.econbiz.de/10012258099
Persistent link: https://www.econbiz.de/10012250395
Mergers and acquisitions shape industry competition. Effective merger remedies are important for market efficiency and …
Persistent link: https://www.econbiz.de/10014376055
Persistent link: https://www.econbiz.de/10011667317