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of any theory of harm …
Persistent link: https://www.econbiz.de/10013020744
mechanism of this coordination is valuable for economic thinking and economic theory. However, the implications of the perfect … original economic theory of contestability defines very strict conditions for perfectly contestable markets, antitrust has …
Persistent link: https://www.econbiz.de/10014536299
Should the FTC have allowed Zillow to acquire its foremost rival, Trulia? It is increasingly well-accepted that digital platforms tend toward dominance in their immediately adjacent relevant-product markets. Google, for example, has long held a majority share of the markets for general-search...
Persistent link: https://www.econbiz.de/10012958316
Conventional wisdom presumes that a supplier in a monopolistic market, or in an oligopolistic market that is not perfectly competitive, has the power to charge a supra-competitive wholesale price. In contrast, elaborating on recent economics studies, this Article shows that the supplier of an...
Persistent link: https://www.econbiz.de/10014117838
Given various recent antitrust investigations on the retail sector, we deal with uncovering demand systems substitution patterns for a particular market (diapers) to investigate the inter-format competition (supermarkets vs. discounters vs. drugstores). Using the uncovered demand system we...
Persistent link: https://www.econbiz.de/10010434293
Consolidation and increased concentration in the agrifood sector over the past two decades, combined with an increased use of alternative marketing agreements in the poultry and livestock industries, have fueled concerns of anti-competitive behavior among large agribusinesses such as the major...
Persistent link: https://www.econbiz.de/10014195648
We analyse competition between perfectly substitutable networks. Monopolization can be sustained in equilibrium by asymmetric access prices whereby entry is deterred by a set of margin squeezes. A regulatory package consisting of (i) mandatory interconnection; (ii) reciprocal access prices;...
Persistent link: https://www.econbiz.de/10014212811
The relevant competitors in regard to innovation might, but not necessarily do, correspond to the identified competitors on actual product markets. Hence, the conventional analysis of product markets, in order to assess the potential anticompetitive effects of mergers, is insufficient to capture...
Persistent link: https://www.econbiz.de/10010229899
The relevant competitors in regard to innovation might, but not necessarily do, correspond to the identified competitors on actual product markets. Hence, the conventional analysis of product markets, in order to assess the potential anticompetitive effects of mergers, is insufficient to capture...
Persistent link: https://www.econbiz.de/10014149809