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Division in lots is one of the procurer's most crucial decisions. The number and the size of lots directly influences competition in the tendering process and thereby the procurer's budget and the quality of supply. This paper focuses on the effects the division of procurements into multiple...
Persistent link: https://www.econbiz.de/10014058808
Practices and conducts in professional and even amateur sports can be subject to competition laws as soon as commercial activities are involved. From an economic perspective, this implies that both directly commercial activities like the sale of broadcasting/media rights and indirectly...
Persistent link: https://www.econbiz.de/10011750292
exemption for so-called ministerial cartels under Section 8 GWB was discarded without replacement. Similar to the still existing … from the general ban on cartels under Section 1 GWB for "predominant reasons relating to the economy as a whole and the … the much-discussed instrument of ministerial approval under Section 42 GWB by a regulation on the exemption of cartels …
Persistent link: https://www.econbiz.de/10012261718
If firms compete in all-pay auctions with complete information, silent shareholdings introduce asymmetric externalities …
Persistent link: https://www.econbiz.de/10010296367
If firms compete in all-pay auctions with complete information, silent shareholdings introduce asymmetric externalities …
Persistent link: https://www.econbiz.de/10010261198
If firms compete in all-pay auctions with complete information, silent shareholdings introduce asymmetric externalities …
Persistent link: https://www.econbiz.de/10013318526
A seminal result in the theory of competitive bidding holds that the buyer can lower the expected awarding price of a procurement contract by setting a reserve price below her opportunity cost for realizing the project. In this paper, we first provide a non-technical explanation for this result,...
Persistent link: https://www.econbiz.de/10014058807
An increasingly important part of contemporary merger control both in the US and the EU is unilateral effects analysis, particularly with regard to oligopolistic mergers. In practice, this requires econometric analyses of past market data and, above all, the construction of simulation models in...
Persistent link: https://www.econbiz.de/10010300228
An increasingly important part of contemporary merger control both in the US and the EU is unilateral effects analysis, particularly with regard to oligopolistic mergers. In practice, this requires econometric analyses of past market data and, above all, the construction of simulation models in...
Persistent link: https://www.econbiz.de/10010265740
Die Alternative 'Ex-Ante-Regulierung versus Ex-Post-Aufsicht' ist der Kern der ordnungspolitischen Kontroversen der letzten Jahre im Bereich der Netzindustrien - insbesondere in der Telekommunikation und der Energiewirtschaft. Die grundlegenden Reformen des ordnungspolitischen Rahmens haben in...
Persistent link: https://www.econbiz.de/10010274507