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improve predation enforcement in general. As a consequence, the introduction of a pre-screening approach is proposed, which … account. In particular, it is proposed to improve predation enforcement by focusing on two channels: refining the current … regime, and amending it. With respect to the refinement of the current predation enforcement regime, criteria for the …
Persistent link: https://www.econbiz.de/10010299842
selected enforcement options in a Cournot-type duopoly predation model. Differentiating between a no rule approach, an ex ante …
Persistent link: https://www.econbiz.de/10010302998
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
We provide a comprehensive quantitative assessment of cartels and the related cartel enforcement process in the … of the public cartel enforcement process in the European Union - subdivided further into its duration, types of cartel …
Persistent link: https://www.econbiz.de/10011541082
Recoupment inquiries play an important role in predatory pricing cases. Nevertheless, their place in antitrust analysis is unclear and potentially problematic in ways that are not fully appreciated. Does a recoupment requirement define, augment, or replace the preexisting monopoly power...
Persistent link: https://www.econbiz.de/10011927162
significantly reduced. -- Competition policy ; monopolisation ; predation ; enforcement ; sanctions ; screening … improve predation enforcement in general. As a consequence, the introduction of a pre-screening approach is proposed, which … account. In particular, it is proposed to improve predation enforcement by focusing on two channels: refining the current …
Persistent link: https://www.econbiz.de/10003914345
. -- Competition policy ; monopolisation ; predation ; enforcement … selected enforcement options in a Cournot-type duopoly predation model. Differentiating between a no rule approach, an ex ante …
Persistent link: https://www.econbiz.de/10008701358
. Special emphasis is given to the game-theoretic approach to predation and to the reasons why this approach has never gained … of antitrust courts, in particular their preference for easy-to-apply rules. Therefore predation cases are still governed … almost always irrational - and a Harvard-style attention for the operational side of antitrust enforcement …
Persistent link: https://www.econbiz.de/10014191307
are more inclined to conclude that US cartel enforcement has seen an underlying shift away from focusing on smaller … policy priorities and a search for the optimal enforcement design to curtail one of the clearest sources of welfare loss …
Persistent link: https://www.econbiz.de/10011346282
We analyze maximal cartel prices in infinitely-repeated oligopoly models under leniency where fines are linked to illegal gains, as often outlined in existing antitrust regulation, and detection probabilities depend on the degree of collusion. We introduce cartel culture that describes how...
Persistent link: https://www.econbiz.de/10011378956