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to compare prices, the idea of market definition is entering a new era as it infiltrates the digital sphere. Since … December 1st, 2013 the market transparency unit of the Federal German Cartel Office is forwarding all prices, for every … how prices of highway gasoline stations are dependent upon prices offered by street gasoline stations in the vicinity, and …
Persistent link: https://www.econbiz.de/10012242950
gasoline market. Transparent environments enable easy price comparisons and match findings. Restricting transparency such that …We study a novel trade-off in market transparency regulation by estimating a structural model of the German retail … is an inverse u-shaped relationship between consumer welfare and market transparency. Consumer welfare is maximal when …
Persistent link: https://www.econbiz.de/10012268956
Competition on the German gasoline market is of interest for economists, competition authorities and the general public … alike. In this paper, I analyse how constantly lower gasoline prices in Poland affect the prices set in the German border … price charged by German gasoline stations. The analysis is based on a complete dataset of German gasoline prices and an …
Persistent link: https://www.econbiz.de/10012253814
German retail gasoline market. Our analysis reveals two remarkable results: At first, there is a uniform pattern across …Market delineation is a fundamental tool in modern antitrust analysis. However, the definition of relevant markets can … stations of the same brand regarding their maximum daily prices which confirms the claim that prices are partly set centrally …
Persistent link: https://www.econbiz.de/10011911873
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market to analyze the effects of an external cost shock. I find strong evidence that prices do not fall to marginal costs … explained by the model of Edgeworth price cycles. A key element of this model is that prices fall to marginal costs during a …
Persistent link: https://www.econbiz.de/10011992354
We explore whether non-competitive pricing prevails in Germany’s retail gasoline market by examining the influence of … the crude oil price on the retail gasoline price, focusing specifically on how this influence varies according to the … cost – including the absence of nearby competitors and regional market concentration – that play a significant role in …
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