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There are many industries in which potentially competitive segments require services provided by natural monopoly bottlenecks (essential facilities). Since it is difficult to regulate these facilities, developing countries are using Demsetz auctions, where the facility is awarded to the firm...
Persistent link: https://www.econbiz.de/10013235272
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Regulatory interventions aimed at promoting competition in digital markets face a challenge: how to design remedies that actually improve welfare? This Article helps provide an answer to this question. First, it maps out the frontier of remedy design: Part I.A summarizes antitrust and regulatory...
Persistent link: https://www.econbiz.de/10013246749
We compare the short-run welfare effects of two types of settlement agreements, quot;reverse paymentsquot; of the brand-name drug makers to generic producers not to enter the market and delayed entry when these payments are restricted both under the entry injunction (imposed by the Hatch-Waxman...
Persistent link: https://www.econbiz.de/10012752136
There are many industries in which potentially competitive segments require services provided by natural monopoly bottlenecks (essential facilities). Since it is difficult to regulate these facilities, developing countries are using Demsetz auctions, where the facility is awarded to the firm...
Persistent link: https://www.econbiz.de/10012470580
floor, however, a Demsetz auction is worse than no regulation at all of the bottleneck monopoly. Our results apply beyond …
Persistent link: https://www.econbiz.de/10011607677
Persistent link: https://www.econbiz.de/10012026478
Die vorliegende Arbeit will einen ökonomischen Beitrag zur Diskussion über die Zugangsgewährung zu monopolistischen Engpaßeinrichtungen und die damit verbundene Öffnung von angrenzenden Märkten für Wettbewerb leisten, die bislang vornehmlich juristisch geprägt ist. Ziel der Arbeit ist...
Persistent link: https://www.econbiz.de/10011927837
AI has undoubtedly brought beneficial innovations, but from a regulatory perspective, it is alleged that it challenges the antitrust system. In this regard, this Paper shall critically assess the issues which robots on AI pose on Article 101 and whether this framework is up to the task in...
Persistent link: https://www.econbiz.de/10012913809