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The East German Cement Cartel : An Inquiry into Comparable Markets, Industry Structure, and Antitrust Policy

Veltins, Michael A.; Schaller, Armin; Blum, Ulrich - 2004

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

Retail Sector Concentration and Price Dynamics in the Euro Area : A Regional Analysis

Ciapanna, Emanuela - 2012

We conduct a regional analysis of the relationship between market concentration and price dynamics in the grocery retail sector, focusing on a sample of five categories of goods belonging to the 12 COICOP aggregation and on a panel of countries that includes Germany, Spain, Finland, Italy,...

Persistent link: https://www.econbiz.de/10013109099

Deterrence, Recidivism and European Cartel Fines

Veljanovski, Cento - 2018

Based on an analysis of cartel prosecutions since 2007, this article assesses the way the European Commission has built up its fines in practice. The fines are compared with those imposed by the European Commission over the period from 1999 to 2006. The main findings are that, while fines have...

Persistent link: https://www.econbiz.de/10012940532

Competition between Networks : A Study of the Market for Yellow Pages

Rysman, Marc - 2004

This paper estimates the importance of network effects in the market for Yellow Pages. I estimate three simultaneous equations: consumer demand for usage of a directory, advertiser demand for advertising and a publisher's first-order condition (derived from profit-maximizing behavior)....

Persistent link: https://www.econbiz.de/10014120232

Trade and competition : mark-ups, concentration, and international orientation : discussion and empirical test for Brazilian manufacturing sectors

Oliveira, Glauco Avelino Sampaio - 2022

This paper discusses the relation between trade and competition, revising the literature and using indicators, build with Brazilian industrial survey (PIA/IBGE) and foreign trade (Comtrade) data. The premise is that the structure of domestic competition is explained by concentration indices,...

Persistent link: https://www.econbiz.de/10014429351

Counterfactual Tests in Competition Law

Veljanovski, Cento - 2010

This article looks at the growing use of the counterfactual approach in European and UK competition laws. The term counterfactual has not been a feature of European competition law, with the exception of merger control, to date. However, with the move to an effects-based approach,...

Persistent link: https://www.econbiz.de/10014188746

Estimating cartel damages with model averaging approaches

Tsay, Wen-jen - In: International review of law and economics 68 (2021), pp. 1-7

Persistent link: https://www.econbiz.de/10013282588

An Empirical Assessment of the 2004 EU Merger Policy Reform

Duso, Tomaso; Guglery, Klaus; Szücs, Florian - 2010

Based on a database of 326 merger cases scrutinized by the European Commission between 1990 and 2007, we evaluate the economic impact of the change in European merger legislation in 2004. We ?rst propose a general framework to assess merger policy effectiveness, which is based on standard...

Persistent link: https://www.econbiz.de/10010334119

An empirical assessment of the 2004 EU merger policy reform

Duso, Tomaso; Gugler, Klaus; Szücs, Florian - 2012

We propose a general framework to assess merger policy effectiveness based on standard oligopoly theory and stock market reactions. We focus on four different dimensions of effectiveness: 1) legal certainty, 2) decision errors, 3) reversion of anti-competitive rents, and 4) deterrence. We apply...

Persistent link: https://www.econbiz.de/10010309223

An empirical assessment of the 2004 EU merger policy reform

Duso, Tomaso; Gugler, Klaus; Szücs, Florian - 2010

Based on a database of 326 merger cases scrutinized by the European Commission between 1990 and 2007, we evaluate the economic impact of the change in European merger legislation in 2004. We first propose a general framework to assess merger policy effectiveness, which is based on standard...

Persistent link: https://www.econbiz.de/10008822615

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