Showing 1 - 10 of 1,904
Persistent link: https://www.econbiz.de/10011339563
the first to apply merger simulation methods in the context of banking using disaggregated data. …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 …
Persistent link: https://www.econbiz.de/10012268034
A model-based derivation of an effective antitrust policy requires an economic framework that includes three actors: a … cartel, a group of competing fringe firms, and a welfare maximizing antitrust authority. In existing models of cartel … residual demand. Taking into account that the antitrust policy instruments (effort, fine, and leniency program) are not …
Persistent link: https://www.econbiz.de/10012425162
Persistent link: https://www.econbiz.de/10011560996
digital advertising and one-third of total advertising. Nevertheless, no serious antitrust case or legislation has addressed … this monopoly power. This paper examines the antitrust cases against Facebook and Google. In this paper, we attempt to go …
Persistent link: https://www.econbiz.de/10012010582
Robert Bork's Antitrust Paradox (1978) has been justification for lack of antitrust behavior for over four decades. His … it to the other side of the market and eliminating producer's surplus - that much needed antitrust action has been … ignored by this narrow criterion. This analysis indicates that antitrust action is long overdue after considering two …
Persistent link: https://www.econbiz.de/10012804859
Google are two-sided markets, their economic rents are "hidden" from the public (and, apparently, from the antitrust … examines the potential for antitrust cases against Facebook and Google as a response to their perceived threats to consumer … privacy, political influences and advertising dominance. The argument for antitrust action against them is based on the …
Persistent link: https://www.econbiz.de/10011990829
adoption of AI, and the advent of new, more advanced networks. As a result, it is not surprising to find that antitrust … for competition policy in general, antitrust enforcement and consumer protection. Firstly, alongside traditional theories …
Persistent link: https://www.econbiz.de/10011991001
This paper analyzes the inner workings of cartels. To understand how sanctioning institutions prevent cartel formation we study their effect on firms' communication in a laboratory experiment. Using machine learning to organize the chat communication into topics, we find that firms are less...
Persistent link: https://www.econbiz.de/10013332300
definition of markets is central to the legal enforcement of antitrust statutes, the paper examines non-transactional multisided …
Persistent link: https://www.econbiz.de/10012151937