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control drugs. Our analysis highlights (i) the difficulty of establishing a suitable control group when collusion is pervasive … collusion on prices. Our most conservative estimates suggest that collusion led to price increases of between 0% and 166% for …
Persistent link: https://www.econbiz.de/10012670921
Theoretically, cross ownership may mitigate mergers, i.e. market concentrations. Holding a share in a competing firm before the acquisition of another firm, outsider-toehold, is more profitable in some market constellations, due to the positive externality on the outsider (competing) firm when a...
Persistent link: https://www.econbiz.de/10010320168
? (iii) What are implications for antitrust policy? We conclude from our analysis that in the already highly horizontally …
Persistent link: https://www.econbiz.de/10012011207
This paper examines the issue of market foreclosure by airline partnerships with antitrust immunity. Overlapping the … information on dynamics of airline partnerships, we find evidence consistent with the airlines operating under antitrust immunity … airline partnership is granted antitrust immunity, airlines outside this partnership end up reducing their traffic to the …
Persistent link: https://www.econbiz.de/10008701357
We examine the issue of market foreclosure by airline partnerships with antitrust immunity. Overlapping data on … partnerships, we find evidence consistent with the airlines operating under antitrust immunity refusing to accept connecting … passengers from the outside carriers at respective hub airports. Following the antitrust immunity, airlines outside the …
Persistent link: https://www.econbiz.de/10009656603
The paper analyzes the last three decades of debates on predatory pricing in US antitrust law, starting from the … of antitrust courts, in particular their preference for easy-to-apply rules. Therefore predation cases are still governed … almost always irrational - and a Harvard-style attention for the operational side of antitrust enforcement …
Persistent link: https://www.econbiz.de/10014191307
political subdivisions, U.S. antitrust policy in many ways is more tolerant of public restraints upon business rivalry. Since … available to both public and private enforcers of the U.S. antitrust laws to challenge state-imposed restraints on competition …
Persistent link: https://www.econbiz.de/10014039873
-in position without any antitrust intervention. However, I argue in accordance with opponents of ARTHUR's work that path … interpretations of the U.S. antitrust law don't meet the requirements of fair competition rules in the 'New Economy'. If plaintiffs … and market participants, further antitrust lawsuits are going to follow since most markets in the 'New Economy' are …
Persistent link: https://www.econbiz.de/10003958724
In this empirical study all mergers that have been challenged by the U.S. antitrust agencies FTC and DOJ between 1995 …-spread rejection of the "innovation market approach" in the antitrust debate - the agencies used more an innovationspecific assessment …
Persistent link: https://www.econbiz.de/10010404134
Persistent link: https://www.econbiz.de/10012907038