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Enforcement of European Competition Policy - Impact on Competition and Efficiency
Klein, Gordon J.; Günster, Andrea - 2013
The study analyzes the impact of European antitrust enforcement on industry performance measured as competition … productivity. However, the impact di ffers with the anticompetitive economic conduct. Cartels behave as theoretically predicted …, with positive and negative effi ciency eff ects of antitrust enforcement depending on the exclusivity of the vertical …
Persistent link: https://www.econbiz.de/10010329500
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Mobile market performance and market structure in Europe during the 4G era
Abate, Serafino; Bahia, Kalvin; Castells, Pau - 2020
This study evaluates the impact of competition on quality, innovation and price in Europe's mobile communications market during the 4G era (2011-18). Our results indicate that European mobile users in more concentrated markets benefitted the most from higher network quality, particularly with...
Persistent link: https://www.econbiz.de/10012291456
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The dynamic effects of competition on investment: the case of the European mobile communications industry
Bahia, Kalvin; Castells, Pau - 2022
We evaluate the impact of competition on investments in Europe's mobile communications market during the 2011-2021 period. There are stark and sustained differences in market outcomes between three- and four-player markets in Europe, and economic theory suggests these could be partly explained...
Persistent link: https://www.econbiz.de/10013420965
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Optimal Market Structure in the Mobile Industry
Jeanjean, François; Houngbonon, Georges Vivien - 2016
The optimal market structure in the mobile industry is an important topic in the mobile industry. In this paper, we use two theoretical frameworks and a structural estimation approach to assess the effects of market structure on consumer surplus in symmetric mobile markets. When mobile services...
Persistent link: https://www.econbiz.de/10011577396
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Optimal Number of Firms in the Wireless Markets
Jeanjean, François; Houngbonon, Georges Vivien - 2015
In this paper, we design a theoretical model to analyze the impact of the number of firms on investment in the wireless communications industry. Our model extends the Salop’s framework by introducing investment in quality that either reduces the marginal cost of production or shifts the...
Persistent link: https://www.econbiz.de/10011421623
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Is there a level of competition intensity that maximizes investment in the mobile telecommunications industry?
Houngbonon, Georges Vivien; Jeanjean, Francois - 2014
This paper empirically assesses the impact of the intensity of competition on investment in new technologies within the mobile telecommunications industry. Using firm level panel data and an instrumental variable estimation it finds an inverted-U relationship between competition intensity and...
Persistent link: https://www.econbiz.de/10010397810
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Agony of Choice – Trading off Stability and Competition in the Banking Markets
Laser, Falk; Hellwig, Michael - 2019
We investigate the trade-off between financial stability and competition policy by focusing on the merger of ABN AMRO and Fortis Bank NL in the Dutch retail banking market. The financial crisis delayed the completion of the merger giving rise to anti-competitive behavior in the transitory...
Persistent link: https://www.econbiz.de/10012099098
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The influence of collusion on price changes: New evidence from major cartel cases
von Blanckenburg, Korbinian; Geist, Alexander; … - 2010
cartels. The first moments focus on previous research. We extend the discussion to the third (skewness) and fourth (kurtosis … cartels were successful in controlling the market price for a number of years. The proposed methodology may be used for … antitrust screening and regulatory purposes. …
Persistent link: https://www.econbiz.de/10010274417
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Salience and Online Sales: The Role of Brand Image Concerns
Dertwinkel-Kalt, Markus; Köster, Mats - 2018
We provide a novel intuition for the observation that many brand manufacturers have restricted their retailers' ability to resell brand products online. Our approach builds on models of salience according to which price disparities across distribution channels guide a consumer's attention toward...
Persistent link: https://www.econbiz.de/10011892003
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Shrouding add-on information: an experimental study
Wenzel, Tobias; Normann, Hans-Theo - 2015
opportunities to shroud facilitate tacit collusion on the base good price for the duopolies: the unshrouding equilibrium serves as a …
Persistent link: https://www.econbiz.de/10011301745