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Comments on the 2023 draft merger guidelines : a labor market perspective

Berger, David; Hasenzagl, Thomas; Herkenhoff, Kyle; … - 2023

The DOJ and FTC clarify the role of labor market power ("monopsony") in the 2023 draft merger guidelines. The draft states in Guideline 11 that the structural presumption threshold applies to labor market concentration, while also suggesting that a stricter threshold may be warranted in labor...

Persistent link: https://www.econbiz.de/10014335050

How antitrust enforcement can spur innovation : Bell Labs and the 1956 consent

Watzinger, Martin; Fackler, Thomas; Nagler, Markus; … - 2017

-on innovation building on Bell patents by 17%. This effect is driven mainly by young and small companies. Yet, innovation increased …We study the 1956 consent decree against the Bell System to investigate whether patents held by a dominant firm are … harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an …

Persistent link: https://www.econbiz.de/10011591035

The breakup of the Bell System and its impact on US innovation

Watzinger, Martin; Schnitzer, Monika - 2022

We analyze the effects of the 1984 breakup of the Bell System on the rate, diversity, and direction of US innovation … diversity of telecommunications innovation increased. Total patenting by US inventors related to telecommunications increased by …

Persistent link: https://www.econbiz.de/10014458851

Wettbewerb als Hypothesentest : Implikationen für die moderne Wettbewerbspolitik?

Budzinski, Oliver - 2024

-efficient-competitor-test in abuse control, the regulation of systemic market power in digital ecosystems, antitrust interventions based on … proactive sector/industry investigations as well es merger control in relation to non-horizontal mergers and acquisitions. …

Persistent link: https://www.econbiz.de/10014538807

Is Amazon the next Google?

Budzinski, Oliver; Köhler, Karoline H. - 2015

Dominant or apparently dominant internet platform increasingly become subject to both antitrust investigations and further-reaching political calls for regulation. While Google is currently in the focus of the discussion, the next candidate is already on the horizon - the ubiquitous online...

Persistent link: https://www.econbiz.de/10011492143

Antitrust enforcement and marginal deterrence

Houba, Harold; Motchenkova, Evgenia; Wen, Quan - 2011

Persistent link: https://www.econbiz.de/10009720709

Optimal leniency programs when firms have cumulative and asymmetric evidence

Blatter, Marc; Emons, Winand; Sticher, Silvio - 2014

An antitrust authority deters collusion using fines and a leniency program. Unlike in most of the earlier literature, our firms have imperfect cumulative evidence of the collusion. That is, cartel conviction is not automatic if one firm reports: reporting makes conviction only more likely, the...

Persistent link: https://www.econbiz.de/10010402216

Mergers, litigation and efficiency

Gürtler, Oliver; Kräkel, Matthias - 2006

adversarial system, the Antitrust Authority may try to prohibit mergers also in those cases in which litigation is inefficient …

Persistent link: https://www.econbiz.de/10010343946

Semi-collusion in media markets

Dewenter, Ralf; Haucap, Justus; Wenzel, Tobias - 2010

This paper explores the effects that collusion can have in newspaper markets where firms compete for advertising as well as for readership. We compare three modes of competition: i) competition in the advertising and the reader market, ii) semi-collusion over advertising (with competition in the...

Persistent link: https://www.econbiz.de/10008736212

The effectiveness of leniency programs when firms choose the degree of collusion

Emons, Winand - 2018 - Version: October 2018

An antitrust authority deters collusion using fines and a leniency program. It chooses the probability of an investigation. Firms pick the degree of collusion: The more they collude, the higher are profits, but so is the probability of detection. Firms thus trade-off higher profits against...

Persistent link: https://www.econbiz.de/10011919342