Showing 1 - 10 of 488
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 … central features of antitrust policy. Our objective is to foster the improvement of legal regimes and also to identify topics …
Persistent link: https://www.econbiz.de/10014023495
Persistent link: https://www.econbiz.de/10012103476
Persistent link: https://www.econbiz.de/10012009214
Persistent link: https://www.econbiz.de/10011798806
Persistent link: https://www.econbiz.de/10013266358
Persistent link: https://www.econbiz.de/10012183073
This paper develops a theory of oligopoly and markups in general equilibrium. Firms compete in a network of product market rivalries that emerges endogenously out of the characteristics of the products and services they supply. My model embeds a novel, highly tractable and scalable demand system...
Persistent link: https://www.econbiz.de/10013503368
Theoretically, cross ownership may mitigate mergers, i.e. market concentrations. Holding a share in a competing firm …
Persistent link: https://www.econbiz.de/10010320168
Persistent link: https://www.econbiz.de/10011539503
The paper provides new evidence on proxy indicators of market power for major European countries. The data shows moderately increasing average industry concentration over the last two decades, a considerably increasing proportion of high concentration industries, and an overall tendency towards...
Persistent link: https://www.econbiz.de/10013166348