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-specific regulation and competition law. In this paper, we explore how these two approaches have been used to facilitate the arrival of …European Community law has played a pivotal role in opening to competition economic sectors previously under the … competition. In this paper, we will focus on the first category of market failures, i.e. the bottlenecks that may prevent …
Persistent link: https://www.econbiz.de/10014073491
intervene in such market situations and if they intervene, what respective roles regulation and competition law should play … analyses how market power is controlled at the intersection between competition law and regulation in EU competition law and in …
Persistent link: https://www.econbiz.de/10013313705
The advent of distributed energy technologies, most notably, distributed solar energy, poses a competitive threat to the electric utility industry. Here I provide a comprehensive assessment of the U.S. electric utility industry's regulatory response to this threat over the past three years....
Persistent link: https://www.econbiz.de/10012994462
Harold Demsetz once claimed that 'economics has no antitrust relevant theory of competition.' Demsetz offered this …-dimensional nature of competition. Competition does not take place upon a single margin, such as price competition, but several … dimensions that are often inversely correlated such that a liability rule deterring one form of competition will result in more …
Persistent link: https://www.econbiz.de/10014046270
relationship between regulation - both through competition policy and patent law - and innovation, and the corresponding …This essay is the introduction to a forthcoming volume entitled, Regulating Innovation: Competition Policy and Patent … competition policy and intellectual property regimes, can have profoundly positive or negative consequences for economic growth …
Persistent link: https://www.econbiz.de/10014046279
This paper investigates the relationship between democracy and antitrust policy. Strong antitrust policies advance the … interests of consumers. We examine the empirical relationship between democracy, inequality, and antitrust policies in a broad … panel of countries from 1951 to 2010. Using a variety of empirical strategies, we find that democracy is predictive of …
Persistent link: https://www.econbiz.de/10014255653
undermine the intended stringency of the regulation and its overall chances of making digital markets systemically more … contestable and fairer. Thus, we think that a reform of the competition policy regime would better suit the need of regulating big …
Persistent link: https://www.econbiz.de/10012652861
gatekeepers, the “tipping” of markets and the rise of further gatekeepers is not guaranteed by the proposed regulation, this in … nature of ex ante and ex post measures in broader competition policy, we conclude that a reform of the competition policy …
Persistent link: https://www.econbiz.de/10013407158
Persistent link: https://www.econbiz.de/10012268673
Facebook, Amazon, Netflix and Google, as well as Twitter – the FANG companies – have transformed society with both positive and negative effects. Soaring consumer access to information, news, social networks, and entertainment has been stimulated by the ever-more ubiquitous and falling...
Persistent link: https://www.econbiz.de/10011990829