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selected enforcement options in a Cournot-type duopoly predation model. Differentiating between a no rule approach, an ex ante …
Persistent link: https://www.econbiz.de/10010302998
This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...
Persistent link: https://www.econbiz.de/10014023495
. -- Competition policy ; monopolisation ; predation ; enforcement … selected enforcement options in a Cournot-type duopoly predation model. Differentiating between a no rule approach, an ex ante …
Persistent link: https://www.econbiz.de/10008701358
are more inclined to conclude that US cartel enforcement has seen an underlying shift away from focusing on smaller … policy priorities and a search for the optimal enforcement design to curtail one of the clearest sources of welfare loss …
Persistent link: https://www.econbiz.de/10011346282
This paper studies the interaction between the incentives for predation and mergers. I show that the incentive for … predation in an oligopoly is limited by the subsequent competition for the prey. This bidding competition is expecially fierce … prey's assets, rather than just its financial viability. The paper also demonstrates that predation may be preferred to an …
Persistent link: https://www.econbiz.de/10010335038
While the previous literature on exclusive dealing has been concerned with the question of how exclusive dealing can raise static profits, this paper analyzes the question of how exclusive dealing can be used to predate in a dynamic context. It is shown that exclusive dealing may arise even if...
Persistent link: https://www.econbiz.de/10010427547
While the previous literature on exclusive dealing has been concerned with the question of how exclusive dealing can raise static profits, this paper analyzes the question of how exclusive dealing can be used to predate in a dynamic context. It is shown that exclusive dealing may arise even if...
Persistent link: https://www.econbiz.de/10003951748
essential for judgments in such cases, and we allow the court to make errors. The imperfect enforcement by courts, affects both …
Persistent link: https://www.econbiz.de/10012719265
argue that economics alone does not justify applying a price-cost test to predation but not to loyalty discounts. Still, the …
Persistent link: https://www.econbiz.de/10012981331
protection of inefficient competitors. On the other hand, a total bundle predation-style safe harbor would not detect above …
Persistent link: https://www.econbiz.de/10014211539