Narrow search
Showing 1 - 10 of 1,637
Cover Image
The effect of horizontal mergers, when firms compete in prices and investments
Motta, Massimo; Tarantino, Emanuele - 2017
It has been suggested that mergers, by increasing concentration, raise incentives to invest and hence are pro-competitive. To study the effects of mergers, we rewrite a game with simultaneous price and cost-reducing investment choices as one where firms only choose prices, and make use of...
Persistent link: https://www.econbiz.de/10011798644
Cover Image
Paying off the competition : market power and innovation incentives
Li, Xuelin; Lo, Andrew W.; Thakor, Richard T. - 2021 - This Draft: 19 June 2021
subjected these agreements to antitrust litigation, thereby reducing the incentive to enter them. After the ruling, incumbent …
Persistent link: https://www.econbiz.de/10012818283
Cover Image
Bork's hoax : antitrust and the internet market
Alleman, James H. - 2021
Robert Bork's Antitrust Paradox (1978) has been justification for lack of antitrust behavior for over four decades. His … it to the other side of the market and eliminating producer's surplus - that much needed antitrust action has been … ignored by this narrow criterion. This analysis indicates that antitrust action is long overdue after considering two …
Persistent link: https://www.econbiz.de/10012804859
Cover Image
One-Way Essential Complements
Chen, M. Keith - 2006
relative to A. Hence, absent strong antitrust or intellectual property protections, the A firm can leverage its monopoly into B …
Persistent link: https://www.econbiz.de/10012732764
Cover Image
Why the Dynamics of Competition for Online Platforms Leads to Sleepless Nights But Not Sleepy Monopolies
Evans, David S. - 2017
effects and stockpiles of data, and should be the focus of intense antitrust and regulatory scrutiny, are inconsistent with …
Persistent link: https://www.econbiz.de/10012951065
Cover Image
The Competitive Effects of Common Ownership : Economic Foundations and Empirical Evidence
Kennedy, Pauline - 2017
A large fraction of US public stock is held by institutional investors that frequently hold shares in multiple firms in the same industry ("common ownership"). Concerns have been raised that common ownership might harm competition if it confers influence over important strategic decisions. Using...
Persistent link: https://www.econbiz.de/10012951260
Cover Image
Can Institutional Investors Soften Downstream Market Competition?
Woodbury, John - 2017
airline and banking industries. If generally true, this evidence could lead to a radical reset of antitrust enforcement policy … in the analysis. While the evidence is still too sparse to justify antitrust action on this front, there can be little … rivalry (and so prices). If so validated, then antitrust policy may well need to hit the "reset" button …
Persistent link: https://www.econbiz.de/10012953360
Cover Image
The Competitive Effects of Mergers with Cournot Competition
Reisinger, Markus; Zenger, Hans - 2021
This paper provides a full characterization of the price effects of horizontal mergers in the Cournot model with heterogeneous firms and constant returns to scale. We show that the price change brought about by a merger only depends on the smaller merging firm's share and the number of firms,...
Persistent link: https://www.econbiz.de/10013218562
Cover Image
The Competition Economics of Digital Platforms
Veljanovski, Cento - 2021
This article provides an overview of the competitive issues surrounding online platforms. The general theme is that while much has been made of the structural features of online platforms there is little hard evidence that these are durable monopolies. Nonetheless, there are concerns about the...
Persistent link: https://www.econbiz.de/10013321957
Cover Image
Cellular Competition and the Weighted Spectrum Screen
Peha, Jon M. - 2015
If one or two cellular carriers gain control of enough spectrum, they may be able to prevent current and potential rivals from getting the spectrum needed to compete effectively. Thus, regulators typically attempt to protect competition through some form of limit on how much spectrum any one...
Persistent link: https://www.econbiz.de/10014159405