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This paper discusses how antitrust law and regulatory rules should be applied to network industries. In assessing the application of antitrust in network industries, we analyze a number of relevant features of network industries and the way in which antitrust law and regulatory rules can affect...
Persistent link: https://www.econbiz.de/10014026715
This paper, written when Fisher was preparing for his testimony in Microsoft, discusses the circumstances in which monopoly "leveraging" makes sense as an anti-competitive act. Three cases are discussed and contrasted: The IBM case of the 1970's; the Computer Reservation System Cases of the...
Persistent link: https://www.econbiz.de/10014143415
In supply networks, path diversity is an important determinant of demand, entry, and firms’ market power. We investigate this role in the context of the internet backbone, the worldwide network of undersea fiber-optic cables that underpins the internet. We specify a model of inter-regional...
Persistent link: https://www.econbiz.de/10014347550
Before 2004 South Africa was the dominant steam coal exporter to the European market. However a new market situation with rising global demand and prices makes room for a new entrant: Russia. The hypothesis investigated in this paper is that the three incumbent dominant firms located in South...
Persistent link: https://www.econbiz.de/10009580119
ownership across industries. As a result, common ownership presents less of a threat to competition …
Persistent link: https://www.econbiz.de/10014351160
, there was no headway on a global institutional framework to regulate international competition. Yet, global firm strategies … in the area of production and services may have effects on international and domestic competition, for example: cartels … regarding the relation between economic globalization and competition, focusing on trade issues. Second, it discusses the …
Persistent link: https://www.econbiz.de/10012894936
We study the equilibrium effects of the "S" dimension of ESG under imperfect competition in labor or product markets … adopting firms and many stakeholders. Under shareholder primacy, competition in ESG policies generally reduces shareholder … value, while coordination on policies raises new anti-trust concerns. Under stakeholder capitalism, competition in ESG …
Persistent link: https://www.econbiz.de/10014445490
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