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is in theory merely a second-best way of achieving minimum retail price stipulations, reveals important aspects of …
Persistent link: https://www.econbiz.de/10014160078
This study examines whether antitrust risk affects firms’ disclosure of mergers and acquisitions (M&As). Due to regulatory exemptions, deals that fall below a size threshold escape formal antitrust scrutiny at the time of the merger. These “non-reported” deals can have important...
Persistent link: https://www.econbiz.de/10014256639
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Since the introduction of a formal commitments procedure in EU antitrust policy (Article 9 of Council Regulation 1/2003), the European Commission has extensively settled cases of alleged anticompetitive practices. In this paper, we use a formal model of law enforcement (Bebchuk, 1984; Shavell, 1988)...
Persistent link: https://www.econbiz.de/10012856496
The aim of this working paper is to preliminary identify those processes triggered by the rise of illiberal populism which have a potential to adversely affect the competition law system. It is hypothesized that these processes may be of a three-fold nature: 1) they may involve limitations on...
Persistent link: https://www.econbiz.de/10013213938
In a tort law regime established on the basis of corrective justice considerations, causation requirements will tend to play a predominant role in regulating the damages claims brought forward. The requirement of the causal link between the harm suffered and the anticompetitive conduct in...
Persistent link: https://www.econbiz.de/10014138101
analysis of the materials in this case using modern economic theory indicates that the presence of collusion is inconsistent …
Persistent link: https://www.econbiz.de/10010463559
, Evolution and Economic Theory; and furthered by Geoffrey Manne and Todd Zywicki in their recent paper titled Uncertainty …, Evolution, and Behavioral Economic Theory. Alchian’s thesis relied on an evolutionary understanding of firms’ activities in the … present work concludes that Alchian’s evolutionary theory does not account for the interpretation that economic actors render …
Persistent link: https://www.econbiz.de/10014138230
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