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The use of anti-dumping policy has been steadily growing in recent decades, and so has the theoretical and empirical literature on anti-dumping. However, while developing countries as a whole have become at least as active as the 'traditional' anti-dumping regimes (the USA, the EU, Canada and...
Persistent link: https://www.econbiz.de/10014070552
Production costs play a crucial role in competition policy and price regulation. A shared purpose of both policies is to keep prices close to production costs to the benefit of the consumers and of the society as a whole. The problem is that prices are per product and costs are per firm. So, the...
Persistent link: https://www.econbiz.de/10014082759
This is a ready-to-read version of my previous paper ‘Deciphering the Two-Sided Market Model of Rochet and Tirole’. It blows away the smokescreen of logical disorder, incoherent language and mathematical sophistication of the original article by rephrasing the model in clear language,...
Persistent link: https://www.econbiz.de/10014351549
The reforms of telecommunication regulation in Mexico, adopted recently, are inspired by a mistaken diagnosis of the state of affairs in the industry. Moreover, they introduce and reinforce a type of regulation that has proved little successful elsewhere, particularly in Europe. By doing so,...
Persistent link: https://www.econbiz.de/10013031182
In a recent article, Daljord, Sørgard, and Thomassen criticize Katz and Shapiro for applying the standard formula for critical loss to the case in which the price of only one product of the candidate market is increased. They argue that the standard formula does not hold in that case and...
Persistent link: https://www.econbiz.de/10013142278