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Competition, regulation and institutional quality
Fabella, Raul V. - 2017
Regulation and competition policy are two alternative modalities by which the state intervenes in the market. In order for either to deliver welfare gains, there must first be a pre-existing market failure. We first present different varieties of market failures and identify those for which...
Persistent link: https://www.econbiz.de/10011635985
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The 'Regulatory Authority Dixit' Defense in European Competition Law Enforcement
Congedo, Dr Pierluigi - 2016
on appeal before the Courts but actually reaffirms the centrality of the enforcement activity of the EC. The paper … puts the EC at the hearth of competition law enforcement vis á vis national regulators and domestic legislation (provided …
Persistent link: https://www.econbiz.de/10013005613
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Competition before Sunset : The Case of the Finnish ATM Market
Kopsakangas-Savolainen, Maria - 2015
We build a simple model to study service fee competition between an incumbent and an independent ATM deployer, and its optimal regulation. We use the model to analyze an actual regulation of such a market by competition authorities in Finland. We find that socially optimal first-best fees would...
Persistent link: https://www.econbiz.de/10013036293
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Facilitating Competition by Remedial Regulation
Garcia, Kristelia - 2016
Persistent link: https://www.econbiz.de/10012991958
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Antitrust, Regulatory Harm and Economic Liberty
Meese, Alan J. - 2015
Persistent link: https://www.econbiz.de/10013030111
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Digital platforms and antitrust
Parker, Geoffrey; Petropoulos, Georgios; Van Alstyne, … - 2020
Digital platforms are at the heart of online economic activity, connecting multi-sided markets of producers and consumers of various goods and services. Their market power and their privileged ecosystem positions raise concerns that they may engage in anti-competitive practices that reduce...
Persistent link: https://www.econbiz.de/10012405498
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Antitrust and Regulating Big Data
Sokol, D. Daniel - 2016
Persistent link: https://www.econbiz.de/10012983842
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ChatGPT, Bard & Co : An Introduction to AI for Competition and Regulatory Lawyers
Hoppner, Thomas; Streatfeild, Luke - 2023
Having its first commercial breakthrough with ChatGPT, in 2023 artificial intelligence (AI) has rung in the fourth industrial revolution. This article outlines the technicalities and economics underlying generative AI, and what they mean for competition in digital markets and for antitrust and...
Persistent link: https://www.econbiz.de/10014254369
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Antitrust for High-Tech and Low : Regulation, Innovation, and Risk
Cass, Ronald A. - 2012
Severe limitations on antitrust enforcement officials' knowledge and the potential impact of ill-advised investigations … and prosecutions on markets suggest that officials should exercise extraordinary caution in enforcement of restraints on … single-firm conduct. Although it is common to depict antitrust enforcement as protecting market competition while other forms …
Persistent link: https://www.econbiz.de/10013099514
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Enhancing Competition in the Postal Sector : Can We Do Away with Sector-Specific Regulation?
Geradin, Damien - 2007
requirements, market power being essentially controlled through the enforcement of competition rules. Few would disagree with the …
Persistent link: https://www.econbiz.de/10014057544