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Tax Rulings as State Aid FAQ
Mason, Ruth - 2017
In this report, the first in a series of reports on EU state aid, Mason provides background on state aid law as it applies to income taxes, including the legal standard, recovery mechanism, and case selection by the Commission
Persistent link: https://www.econbiz.de/10012962503
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Competition Policy in Subsidies and State Aid
Biggar, Darryl R. - 2002
This document (of 193 pages) comprises the proceedings of an OECD roundtable on subsidies, state aid and competition …. Competition policy naturally extends, therefore, to policies designed to control subsidies. But what exactly is a subsidy … of public goods) can affect competition between firms. Which of these interventions should count as subsidies? Short of a …
Persistent link: https://www.econbiz.de/10014113622
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Paying off the competition : market power and innovation incentives
Li, Xuelin; Lo, Andrew W.; Thakor, Richard T. - 2021 - This Draft: 19 June 2021
How does a firm’s market power in existing products affect its incentives to innovate? We explore this fundamental question using granular project-level and firm-level data from the pharmaceutical industry, focusing on a particular mechanism through which incumbent firms maintain their market...
Persistent link: https://www.econbiz.de/10012818283
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Market concentration in Europe : evidence from antitrust markets
Affeldt, Pauline Luise; Duso, Tomaso; Gugler, Klaus; … - 2021
An increasing body of empirical evidence is documenting trends toward rising concentration, profits, and markups in many industries around the world since the 1980s. Two major criticisms of these studies is that concentration and market shares are poorly measured at the national industry level...
Persistent link: https://www.econbiz.de/10012421242
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Antitrust Limits on Startup Acquisitions
Bryan, Kevin - 2020
Should there be limits on startup acquisitions by dominant firms? Efficiency requires that startups sell their technology to the right incumbents, that they develop the right technology, and that they invest the right amount in R&D. In a model of differentiated oligopoly, we show distortions...
Persistent link: https://www.econbiz.de/10012849917
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How Does Competition Affect Innovation? Evidence from U.S. Antitrust Cases
Kang, Hyo - 2020
This paper examines how market competition affects the intensity and breadth of innovation. I assembled a unique dataset comprising all 461 prosecuted collusion cases in the U.S. from 1975-2016, where I match 1,818 collusive firms to firm-level data on innovation. Empirical results from a...
Persistent link: https://www.econbiz.de/10012844444
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Startup Acquisitions, Error Costs, and Antitrust Policy
Bryan, Kevin - 2019
Startup acquisitions by dominant incumbents, especially in high-tech, have recently attracted significant attention. Many researchers and practitioners worry about harms to competition or innovation. However, there has been very little antitrust enforcement in this area. This is emblematic of a...
Persistent link: https://www.econbiz.de/10012871824
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Market concentration in Europe : evidence from antitrust markets
Affeldt, Pauline Luise; Duso, Tomaso; Gugler, Klaus; … - 2021 - This draft: January 20, 2021
An increasing body of empirical evidence is documenting trends toward rising concentration, profits, and markups in many industries around the world since the 1980s. Two major criticisms of these studies is that concentration and market shares are poorly measured at the national industry level...
Persistent link: https://www.econbiz.de/10012426540
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Designing dynamic research contests
Benkert, Jean-Michel; Letina, Igor - 2019 - Revised version
This paper studies the optimal design of dynamic research contests. We introduce interim transfers, which are paid in every period while the contest is ongoing, to an otherwise standard setting. We show that a contest where: (i) the principal can stop the contest in any period, (ii) a constant...
Persistent link: https://www.econbiz.de/10012052584
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Overlapping Ownership, R&D Spillovers, and Antitrust Policy
Lopez, Angel Luis - 2017
This paper considers cost-reducing R&D investment with spillovers in a Cournot oligopoly with overlapping ownership. We show that overlapping ownership leads to internalization of rivals profits by firms and find that, for demand not too convex, increases in overlapping ownership increase...
Persistent link: https://www.econbiz.de/10012968051