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competition policy reflect a sound maxim: antitrust is not regulation. Unfortunately, the judiciary has lost sight of this … antitrust and regulation, thus subjecting the courts and agencies to tasks for which they are ill suited. Recent enforcement …
Persistent link: https://www.econbiz.de/10014177532
investment incentive issues arising from regulation under complete information. To that end, examining the provision of a natural …
Persistent link: https://www.econbiz.de/10014221633
A seaport is awarded in a Demsetz auction to the operator bidding the lowest cargo-handling fee. The competitive auction is irrelevant if the port operator integrates into shipping and sabotages competitors, thus providing a motive for a ban on vertical integration. The paper shows that such a...
Persistent link: https://www.econbiz.de/10014069507
, challenge antitrust and regulation policy. The paper focusses on the theoretical and methodological basis provided by the New … specific view of NIE at industrial organization, antitrust and regulation, discusses three current issues - the European …
Persistent link: https://www.econbiz.de/10014114862
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/10014120511
Using ex-ante regulation to replace inefficient and ineffective ex-post litigation based antitrust is a familiar … many of the features that reformers put forth as ex-ante regulation. As a matter of optimal regulatory design, this is not … overlapping regulation. This forces an ex-ante choice between antitrust and sector specific regulation when addressing specific …
Persistent link: https://www.econbiz.de/10014090653
focus is on the emerging recognition by the Court that ongoing economic regulation of a monopoly business under the guise of … economic regulation pursuant to statute. The conclusion suggested by this analysis is that EFD is no more useful as a response …
Persistent link: https://www.econbiz.de/10014090655
Persistent link: https://www.econbiz.de/10013452890
Persistent link: https://www.econbiz.de/10013397968
regulation, innovation, and economic growth, the process of innovation itself is not well understood. The regulation of … relationship between regulation - both through competition policy and patent law - and innovation, and the corresponding … uncertainty caused by this absence of knowledge. The relationship between regulation and innovation has posed a significant …
Persistent link: https://www.econbiz.de/10014046279