Showing 1 - 10 of 1,338
PTAs include a chapter on antitrust/competition policy. Until now, the effectiveness of such chapters has remained … unanswered. This article undertakes the first empirical analysis of Latin American antitrust/competition policy chapters in PTAs … article provides an overview of the process of liberalization in Latin America. It then describes how domestic antitrust fits …
Persistent link: https://www.econbiz.de/10014225046
This paper discusses the normative foundation of a global competition regime. It asks: What kind of normative values do we need? What objectives ought we to pursue? Why value economic competition at such a tough time as this? Are the disputes on these issues in the US and EU jurisdictions likely...
Persistent link: https://www.econbiz.de/10014138137
Recent 'open-economy industrial organization' literature finds export orientation enhances the weight of post-merger international competitive gains, favouring lenient domestic merger policy. However, mergers seldom generate the 'significant synergies' supportive of international competitive...
Persistent link: https://www.econbiz.de/10014063210
antitrust makes normative assessment and generalizations superfluous. In a combination of two lines of argumentation, diversity … meaning of efficiency, or the goals of antitrust. Secondly, it is demonstrated that diversity of theories represents no …
Persistent link: https://www.econbiz.de/10010300239
An antitrust authority deters collusion using fines and a leniency program. Unlike in most of the earlier literature …
Persistent link: https://www.econbiz.de/10011420625
, nevertheless, still a very young and innovative instrument of antitrust and, therefore, its 'technical' potential is far from being … comprehensively exploited and teething problems in its practical use in the antitrust environment prevail. We provide a classification …
Persistent link: https://www.econbiz.de/10010321675
-called more economic approach in the 2000s). This contribution reviews the state of the art in antitrust-oriented modern … industrial economics and, in particular, critically discusses open questions and possible limits of basing antitrust on modern …
Persistent link: https://www.econbiz.de/10010321698
This report studies the importance of efficiency gains from horizontal mergers. A general theme throughout this report is that efficiency gains, and their pass-on to consumers, may vary substantially from merger to merger. For this reason it seems appropriate to reconsider current practice in...
Persistent link: https://www.econbiz.de/10010334755
We propose a simple theory of predatory pricing, based on scale economies and sequential buyers (or markets). The entrant (or prey) needs to reach a critical scale to be successful. The incumbent (or predator) is ready to make losses on earlier buyers so as to deprive the prey of the scale it...
Persistent link: https://www.econbiz.de/10010272465
An antitrust authority deters collusion using fines and a leniency program. Unlike in most of the earlier literature …
Persistent link: https://www.econbiz.de/10010402216