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Suppliers to a sellers' cartel and the boundaries of the right to damages in U.S. versus EU competition law
Bueren, Eckart; Smuda, Florian - In: European journal of law and economics 45 (2018) 3, pp. 397-437
Persistent link: https://www.econbiz.de/10011980058
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Chapter 15 Antitrust
Kaplow, Louis; Shapiro, Carl - In: Handbook of law and economics : volume 2, (pp. 1073-1225). 2007
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
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Settlements and appeals in the European Commission's cartel cases : an empirical assessment
Hellwig, Michael; Hüschelrath, Kai; Laitenberger, Ulrich - 2016
The introduction of the European Union (EU) Settlement Procedure in 2008 aimed at promoting the procedural efficiency of cartel investigations by the European Commission (EC). We use a data set consisting of 579 firms groups convicted by the EC for cartelization from 2000 to 2015 to investigate...
Persistent link: https://www.econbiz.de/10011419416
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Do cartel breakdowns induce mergers? : evidence from EC cartel cases
Hüschelrath, Kai; Smuda, Florian - 2013
should consider mergers as potential ‘second-best’ alternative to cartels but also imply that resource (re)allocations in …
Persistent link: https://www.econbiz.de/10009751721
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The sociology of cartels
Haucap, Justus; Heldman, Christina - 2022
Traditional economic theory of collusion assumed that cartels are inherently unstable, and yet some manage to operate … focuses on firms as entities, even though cartels are typically formed between individuals who need to develop structures that … allow them to establish trust and ensure cooperation. We analyze 15 German cartels, focusing on the individual participants …
Persistent link: https://www.econbiz.de/10013362394
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Happily ever after? - vertical and horizontal mergers in the U.S. media industry
Stöhr, Annika; Noskova, Victoriia; Kunz-Kaltenhäuser, … - 2019
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
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Passive partial ownership, sneaky takeover, and merger control
Jovanovic, Dragan; Wey, Christian - 2013
We analyze horizontal mergers when the acquirer holds a passive partial ownership stake (PPO) in the target firm prior to the merger. We show that a PPO reduces the minimal synergy level necessary to make a merger beneficial for consumers. It follows that an antitrust authority ignoring existing...
Persistent link: https://www.econbiz.de/10009788178
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The discontent cartel member and cartel collapse : the case of the German cement cartel
Harrington, Joseph Emmett; Hüschelrath, Kai; … - 2014
We hypothesize a particular source of cartel instability and explore its relevance to understanding cartel dynamics. The cartel instability is rooted in the observation that, upon cartel formation, the relative positions of firms are often fixed which may lead some growthconscious members to be...
Persistent link: https://www.econbiz.de/10010424815
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Cartel and Monopoly Policy
Bouthinon-Dumas, Hugues - 2012
Firm strategies cannot be analyzed without taking into consideration the legal framework which governs the relationships between economic agents, especially competition law. As a consequence, firms have to maneuver through a complex universe, taking account of both the rules of the economic game...
Persistent link: https://www.econbiz.de/10013100306
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Big Tech, Antitrust, and Breakup
Carrier, Michael A. - 2020
Big Tech is in the news. At the center of our political and economic dialogue is the effect that Amazon, Apple, Facebook, and Google have on our lives and what, if anything, governments should do about it. In this short piece, I explain how Big Tech has come under scrutiny, the antitrust...
Persistent link: https://www.econbiz.de/10012834909