Showing 1 - 10 of 3,162
Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of … competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth … Japanese economy had difficulty in coming out of the quasi-stagnation of the past decade. Recognising that gains from more pro-competition …
Persistent link: https://www.econbiz.de/10012444046
. Competition has an important role to play in achieving such gains. However, Korea’s development strategy has tended to weaken … competition and has left a legacy of government intervention. Strengthening competition requires upgrading competition policy …
Persistent link: https://www.econbiz.de/10012444204
Allegations of market power in wholesale electricity sales are typically tested using price-cost margins. Such tests are inherently suspect in markets, such as electricity, subject to capacity constraints. In such markets, prices can vary with demand while quantity and thus cost measures remain...
Persistent link: https://www.econbiz.de/10014060636
aftermath of the energy sector inquiry. Most of them have already been settled under Article 9 of the EC Regulation 1/2003 and …, harnessing antitrust for the purpose of energy liberalization policy has an adverse impact on competition enforcement itself …
Persistent link: https://www.econbiz.de/10013068285
What is a good balance between competition and coordination in network industries? Network unbundling aims to promote … competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be … coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …
Persistent link: https://www.econbiz.de/10010423547
, while we highlight the major points concerning competition regulation, which are related to the effort for the establishment … and defines the application of European competition law to this framework of restructuring. We firstly present the … law - the general framework of the application of competition rules to energy market, under a scope of combination of …
Persistent link: https://www.econbiz.de/10013069761
This paper discusses the current state of product market competition in Iceland, including the legal and regulatory … competition law since the early 1990s have strengthened competitive forces in many sectors of the economy, and proposed amendments … have helped vigorous competition to develop in most segments, but there remain problems in pricing of access to the local …
Persistent link: https://www.econbiz.de/10012442998
policies, a number of challenges remain. Although there are few sectors of the economy from which competition policy and law … competition enforcement. Intellectual property rights create special challenges for competition policy and some problems have … setbacks, reflecting both the difficulties in ensuring competition in such industries and policy mistakes. …
Persistent link: https://www.econbiz.de/10012444089
The OECD Growth Study and other empirical work have shown that the strength of competition in product markets plays an … sense. More intense competition is likely to encourage stronger efforts of managers to improve efficiency and induce higher … economic reforms. Attention is then turned to indicators of product market competition to gauge the strength of competitive …
Persistent link: https://www.econbiz.de/10012445025