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We study the dual relationship between market structure and prices and between market structure and investment in mobile telecommunications. Using a uniquely constructed panel of mobile operators' prices and accounting information across 33 OECD countries between 2002 and 2014, we document that...
Persistent link: https://www.econbiz.de/10012953486
We study the dual relationship between market structure and prices and between market structure and investment in mobile telecommunications. Using a uniquely constructed panel of mobile operators’ prices and accounting information across 33 OECD countries between 2002 and 2014, we document...
Persistent link: https://www.econbiz.de/10011659539
appear to be mixed. We explore the implications of our findings for antitrust analysis. …
Persistent link: https://www.econbiz.de/10011508062
international – antitrust policy; however, the formal proof that a cartel really functioned economically and did not only exist in a …, focusing on legal proof of a cartel is fruitless unless collusion resulted in excess profits or excess revenues. This economic … in spring 2003, the German Antitrust Agency (GAA) fined the German cement industry – € 661 million for having established …
Persistent link: https://www.econbiz.de/10010296779
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Persistent link: https://www.econbiz.de/10012176691
Persistent link: https://www.econbiz.de/10013468179
effectiveness explain a substantial part of the perception of the effectiveness of antitrust policy. During the first years of (new … further improvement of their application performance after a certain time. The effectiveness of antitrust policy has a …
Persistent link: https://www.econbiz.de/10010295461
The paper explores what macroeconomic factors can tell us about the effectiveness of recently enacted national competition laws. Qualitative evidence suggests that numerous countries fall short in implementing competition law. Furthermore, there seems to be significant differences between...
Persistent link: https://www.econbiz.de/10010269962
We study the contribution of market regulations in the dynamics of the real exchange rate within the European Union. Based on a model proposed by De Gregorio et al. (1994a), we show that both product market regulations in nontradable sectors and employment protection tend to inflate the real...
Persistent link: https://www.econbiz.de/10010291493