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Persistent link: https://www.econbiz.de/10011980058
This paper provides an economic analysis of recent vertical and horizontal mergers in the U.S. industry for audiovisual media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine economic effects of these types of mergers on market...
Persistent link: https://www.econbiz.de/10012011207
Intellectual property rights and competition policy are intimately related. In this paper I survey the economic literature analyzing the interaction between intellectual property law and competition law and how the boundary between these two policies is drawn in practice. Recognizing that...
Persistent link: https://www.econbiz.de/10010320154
In this empirical study all mergers that have been challenged by the U.S. antitrust agencies FTC and DOJ between 1995 and 2008 were analyzed in regard to the question to what extent and how the agencies assessed the innovation effects of mergers. Theoretical background is the still open question...
Persistent link: https://www.econbiz.de/10010404134
Given the link between innovation and economic growth, the stakes of “getting it right” in high-tech antitrust are high. Caution and humility are warranted in light of both the historical hostility towards innovative business practices by competition policy as well as the large gaps of...
Persistent link: https://www.econbiz.de/10013115695
The election of the new democratic administration in the United States in November 2008 was overwhelmingly greeted in Europe as an opportunity to reinforce transatlantic cooperation and convergence in competition law and policy. This study evaluates the plausibility of greater convergence...
Persistent link: https://www.econbiz.de/10013117078
Antitrust Division of the DOJ on 118 corporate participants of hard-core global cartels. Our behavioral model provides the first … participated in international cartels and that were fined between 1996 and March 2010. The predictive power of the optimal … clandestine cartels. We also find that fines complement other antitrust penalties: the number of months that a corporate defendant …
Persistent link: https://www.econbiz.de/10013085647
For several years, an increasing number of commentators have been expressing concern that the U.S. has a growing market power problem. Further that dysfunction in the U.S. antitrust institutions, and their failure to protect competition, has damaged the economy. These concerns have led to...
Persistent link: https://www.econbiz.de/10012841656
Persistent link: https://www.econbiz.de/10012907038
In this empirical study all mergers that have been challenged by the U.S. antitrust agencies FTC and DOJ between 1995 and 2008 were analyzed in regard to the question to what extent and how the agencies assessed the innovation effects of mergers. Theoretical background is the still open question...
Persistent link: https://www.econbiz.de/10012972734