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In this paper we explore the link between the intensity of product market competition and inflation rates across EU … over time and as alternative proxies of competition we use the level of mark-up, profit margin, the profit rate and a … product market competition, as proxied by the level of mark-up in particular, is an important driver of inflation …
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policy effectiveness, which is based on standard oligopoly theory and makes use of stockmarket reactions as an external …
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We propose a general framework to assess merger policy effectiveness based on standard oligopoly theory and stock …
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