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Reverse privatization as a reaction to the competitive environment : evidence from solid waste collection in Germany

Demuth, Juri; Friederiszick, Hans; Reinhold, Steffen - 2018

After earlier waves of privatization, local governments have increasingly taken back control of local service … provisions in some sectors and countries and, instead, started providing those services themselves (reverse privatization). Using … the years 2003, 2009, and 2015, we investigate motives for reverse privatization. Our results show that, in deciding …

Persistent link: https://www.econbiz.de/10011824932

Class actions and private antitrust litigation

Choi, Albert H.; Spier, Kathryn E. - 2019

When firms collude and charge supra-competitive prices, consumers can bring antitrust lawsuits against the firms. When the litigation cost is low, firms accept the cost as just another cost of doing business, whereas when the cost is high, the firms lower the price to deter litigation. Class...

Persistent link: https://www.econbiz.de/10012120107

Quantification of harm in damages actions for antitrust infringements : insights from German cartel cases

Friederiszick, Hans; Röller, Lars-Hendrik - 2010

This paper argues that empirical economic analysis in court proceedings is subject to important economic and legal restrictions, cumulating in a fundamental trade-off between accuracy and practicality. We draw lessons from two influential German court cases - the paper wholesaler cartel decision...

Persistent link: https://www.econbiz.de/10008699780

Optimal structuring of assessment processes in competition law : a survey of theoretical approaches

Kretschmer, Jürgen-Peter - 2011

In competition law, the problem of the optimal design of institutional and procedural rules concerns assessment processes of the pro- and anticompetitiveness of business behaviors. This is well recognized in the discussion about the relative merits of different assessment principles such as the...

Persistent link: https://www.econbiz.de/10008936424

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

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

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

Antitrust issues raised by answer engines

Carugati, Christophe - 2023

Rapid development of generative artificial intelligence chatbots like ChatGPT is leading search engine providers to move from search to answer engines. Unlike search engines, which provide search results in the form of blue links to content creators, answer engines generate personalised answers...

Persistent link: https://www.econbiz.de/10014316205

Mergers, litigation and efficiency

Gürtler, Oliver; Kräkel, Matthias - 2006

We consider antitrust enforcement within the adversarial model used by the United States. We show that, under the adversarial system, the Antitrust Authority may try to prohibit mergers also in those cases in which litigation is inefficient. Even if market concentration and technological...

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

Fighting hard core cartels

Hüschelrath, Kai; Weigand, Jürgen - 2010

The paper provides a comprehensive survey of the economics behind the fight against hard core cartels. Differentiating between four subsequent stages – characterisation, welfare effects, enforcement and evaluation – the paper pays particular attention to cartel detection methods, the...

Persistent link: https://www.econbiz.de/10008701356

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