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enforcement would focus on cases where market structure and conduct makes predation plausible and where anticompetitive effects …
Persistent link: https://www.econbiz.de/10014040408
This is a brief rejoinder to Kwoka’s response to a review of his 2015 book. I address a few of Kwoka’s responses that warrant brief clarification, followed by a proposed path forward that calls for transparency
Persistent link: https://www.econbiz.de/10014117205
This paper focuses on the genesis, taxonomy and timeline of U.S. criminal antitrust investigations, and uses time-series data on enforcement to examine the interrelationships between the various criminal enforcement variables as well as the linkages between criminal and civil enforcement. The...
Persistent link: https://www.econbiz.de/10014026393
On October 27, 2005, the Bureau of Economics at the Federal Trade Commission hosted a roundtable on the Economics of Internet Auctions. This one-day conference brought together academic experts, industry professionals and government economists to discuss and learn about Internet auctions. This...
Persistent link: https://www.econbiz.de/10014026941
This paper first reviews economic theories for why firms tie their products and then discusses our views concerning what this review implies concerning optimal antitrust policy for tying cases. The review considers efficiency rationales for tying, price discrimination rationales, and various...
Persistent link: https://www.econbiz.de/10014027543
This paper discusses some of the recent theoretical and empirical advances in industrial organization over the last decade or two and explains their relevance, if any, to the analysis of antitrust problems. After discussing the very broad area of game theory, I move on to discuss some specific...
Persistent link: https://www.econbiz.de/10014029158
This paper discusses the benefits and limitations of several recent trends in the use of economics to analyze antitrust questions. It explains the connection between HHI analysis and merger simulation, and also critically discusses structural estimation and critical loss analysis
Persistent link: https://www.econbiz.de/10014029159
This paper summarizes what lessons other countries should draw from U.S. antitrust policy. I pay special attention to small economies. I also discuss how antitrust fits in as one of many government policies that affect competition and what policies likely work best together given the level of a...
Persistent link: https://www.econbiz.de/10014029162
The literature on antitrust in an open-economy setting is inconclusive with respect to the role played by trade-balance on the tenor of domestic merger policy. Using a panel data set composed of US merger reviews by industrial sector over the 1997-2001 period, I empirically test the impact of...
Persistent link: https://www.econbiz.de/10014029686
far broader than collusive conduct. It demonstrates that algorithmic pricing can lead to higher prices for consumers in …
Persistent link: https://www.econbiz.de/10013310934