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Public interest considerations in European merger control regimes
Budzinski, Oliver; Stöhr, Annika - 2019
Nowadays, merger control predominantly relies upon a strict analysis of the effects from merger and acquisitions on effective competition. However, there is scope for so-called public interest considerations in several European merger control regimes and recently a number of European politicians...
Persistent link: https://www.econbiz.de/10012057286
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Cartel behavior and efficient sanctioning by criminal sentences
Wein, Thomas - 2020
multiplying cartel infringement by the reciprocal of the probability of detection and punishment. When we factor in expected … discussed in the literature. By applying the empirically determined probabilities of punishment, we can calculate the minimum …. Sensitivity analyzes that use alternative values for the probability of punishment usually still result in long prison sentences …
Persistent link: https://www.econbiz.de/10012253812
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The effects of cartel damage compensations
Hunold, Matthias - 2013
Damage compensation claims in case of cartels are supposed to increase deterrence, compensate losses and increase efficiency. I show that such claims can instead have adverse effects: If suppliers or buyers of cartelists are compensated in proportion to the profits lost due to the cartel,...
Persistent link: https://www.econbiz.de/10010194468
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Rebating antitrust fines to encourage private damages actions
Emons, Winand; Lenhard, Severin - 2020 - Version: January 2020
To encourage private actions for damages in antitrust cases some jurisdictions subtract a fraction of the redress from the fine. We analyze the effectiveness of this policy. Such a rebate does not encourage settlement negotiations that would otherwise not occur. If, however, the parties settle...
Persistent link: https://www.econbiz.de/10012159842
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A primer on damages of cartel suppliers : determinants, standing US vs. EU and econometric estimation
Bueren, Eckart; Smuda, Florian - 2013
While private actions for damages by customers against price-cartels receive much attention, the treatment of other groups affected by such conspiracies is largely unresolved. This article narrows the research gap with respect to suppliers to a downstream price cartel. First, we show that such...
Persistent link: https://www.econbiz.de/10009787408
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A primer on damages of cartel suppliers : determinants, standing US vs. EU and econometric estimation
Bueren, Eckart; Smuda, Florian - 2013 - First version: August 2013, this version: October 2013
While private actions for damages by customers against price-cartels receive much attention, the treatment of other groups affected by such conspiracies is largely unresolved. This article narrows the research gap with respect to suppliers to a downstream price cartel. First, we show that such...
Persistent link: https://www.econbiz.de/10010228570
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Competition, innovation, and competition law : dissecting the interplay
Kerber, Wolfgang - 2017 - version: 6/10/2017
The digital revolution has reinvigorated the discussion about the problem how to consider innovation in the application of competition law. This raises difficult questions about the relationship between competition and innovation as well as what kind of assessment concepts competition...
Persistent link: https://www.econbiz.de/10011758381
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The draft for the 10th amendment of German competition law: towards a new concept of "Outstanding relevance across markets"?
Budzinski, Oliver; Gänßle, Sophia; Stöhr, Annika - 2020
The ministerial proposal for a 10th amendment of the German competition law particularly addresses abuse control and seeks to tighten this pillar of competition policy against the background of the challenges from the digital economy. Next to extending the classic policy instruments of abuse...
Persistent link: https://www.econbiz.de/10012229920
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Abuse of dominance and antitrust enforcement in the German electricity market
Duso, Tomaso; Szücs, Florian; Böckers, Veit - 2017
In 2008, the European Commission investigated E.ON, a large and vertically integrated electricity company, for the alleged abuse of a joint dominant position by strategically withholding generation capacity. The case was settled after E.ON agreed to divest 5,000 MW generation capacity as well as...
Persistent link: https://www.econbiz.de/10011722703
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Four cases in sports competition policy: baseball, judo, football, and motor racing
Budzinski, Oliver - 2017
Practices and conducts in professional and even amateur sports can be subject to competition laws as soon as commercial activities are involved. From an economic perspective, this implies that both directly commercial activities like the sale of broadcasting/media rights and indirectly...
Persistent link: https://www.econbiz.de/10011750292