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I study the predictability of the EC’s merger decision procedure before and after the 2004 merger policy reform based on a dataset covering all affected markets of mergers with an official decision documented by DG Comp between 1990 and 2014. Using the highly flexible, non-parametric random...
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direct test of the optimal deterrence theory of antitrust crimes.Regressions are fitted to a sample of the corporations that … collusion. However, U.S. fines do not conform to the theory's predictions about the probability of detection and conviction of …
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In the last year, many advocates have called for the imposition of Carterfone regulation on the wireless industry. The … similar wireless Carterfone regulation to all commercial wireless spectrum could suppress wireless infrastructure investment … regulation across the board is likely to cause particular harm to small or medium-sized wireless firms by enhancing the role of …
Persistent link: https://www.econbiz.de/10014218521
This article distills insights about cartel formation from 41 cases prosecuted by the European Commission between 2001 and 2010. The case studies examine the events occurring in the industries prior to the cartels' set-up and identify the following potential causes for cartel formation: Changes...
Persistent link: https://www.econbiz.de/10012997727
. Competition authority's limited resources should be utilized to respond to these changing market conditions. …
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. Competition authority's limited resources should be utilized to respond to these changing market conditions. …
Persistent link: https://www.econbiz.de/10012698813
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. Financial stability is achieved with an LTV-cap regulation which smooths the leverage cycles through quantity (higher equity …
Persistent link: https://www.econbiz.de/10011656163
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