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A popular way of obtaining essential inputs requires the establishment of an input production joint venture (IPJV) in the upstream (U) section of the vertical chain of production by firms competing and selling final goods in the downstream (D) section of the vertical chain. In spite of the...
Persistent link: https://www.econbiz.de/10011737960
We explore the incentives of a vertically integrated incumbent firm to license the production technology of its core input to an external firm, transforming the licensee into its input supplier. We find that the incumbent opts for licensing even when licensing also transforms the licensee into...
Persistent link: https://www.econbiz.de/10012962608
We explore the incentives of a vertically integrated incumbent firm to license the production technology of its core input to an external firm, transforming the licensee into its input supplier. We find that the incumbent opts for licensing even when licensing also transforms the licensee into...
Persistent link: https://www.econbiz.de/10011597751
While price-fixing on platforms can attract severe enforcement action, as shown by the Amazon poster case, a more nuanced picture emerges regarding the fixing of prices for sellers by sharing economy platforms. This paper explores possible antitrust responses to such centralised platform-driven...
Persistent link: https://www.econbiz.de/10012914371
I analyze standard setting organizations' decisions on licensing policy and standard's technological specification, and the ensuing implications for social welfare. I find the conditions under which a licensing rule that grants monopoly power to the licensors whose technology is adopted in the...
Persistent link: https://www.econbiz.de/10014046333
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
Persistent link: https://www.econbiz.de/10010237052
Persistent link: https://www.econbiz.de/10011646237
In the first essay, I analyze a symmetric duopolistic market where each firm's choice regarding certain quality attributes such as the environmental friendliness of its product is its own private information. I find that the extent of horizontal differentiation between firms plays a crucial role...
Persistent link: https://www.econbiz.de/10012507591
Persistent link: https://www.econbiz.de/10012507592