Industry concentration and markups in the US have been rising over the last 3- 4 decades. However, the causes remain largely unknown. This paper uses machine learning on regulatory documents to construct a novel dataset on compliance costs to examine the effect of regulations on market power....

Electricity markets are prone to the abuse of market power. Several US markets employ algorithms to monitor and mitigate market power abuse in real time. The performance of automated mitigation procedures is contingent on precise estimates of firms' marginal production costs. Currently, marginal...

Digitale Technologien und datengetriebene Geschäftsmodelle haben zur Entstehung einer neuen Generation von Weltmarktführern geführt, die ihre Marktposition durch die Orchestrierung digitaler Plattformen und Ökosysteme aufgebaut haben und weiter festigen. Neue Möglichkeiten der...