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Third party money injections of benefactors (sugar daddies) function as a bailout mechanism for otherwise insolvent football clubs. The successful implementation of the new UEFA "financial fair play" regulations will abrogate this bailout mechanism. We develop a theoretical model of a...
Persistent link: https://www.econbiz.de/10010876542
In recent years, two law review articles have proposed that the United States regulate commercial sports through a direct federal commission, rather than through traditional antitrust remedies. Nevertheless, the practical realities of commercial sports’ power to influence government policy...
Persistent link: https://www.econbiz.de/10014035763
as the voice of internet protocol (VoIP) telephony. Regulation with a supply-side asymmetry has rarely been addressed …. Considering both a supply-side and a demand- side asymmetry, the present model analyzes the effects different regulation regimes …. Regulation may have adverse effects on subscribers, market shares, and profits. If providers can discriminate between on-net and …
Persistent link: https://www.econbiz.de/10010304280
We examine how vertical separation affects the lobbying activities for the access charge of essential facilities. First, when investigating a model where the number of new entrants is fixed, we find that vertical separation either increases or decreases the access charge, and that this depends...
Persistent link: https://www.econbiz.de/10010332302
We examine incentives of bottleneck facility holders to manipulate access charge accounting in free entry downstream markets. We consider the situation wherein one firm holds an upstream bottleneck facility and new entrants use it at the regulated price (access fee) to provide final products....
Persistent link: https://www.econbiz.de/10010332450
This paper experimentally studies the role of search cost in duopoly markets where sellers may be able to coordinate pricing decisions. We vary the level of search cost and whether sellers can communicate. While we find that consumers are more likely to invest in search when cost is reduced, we...
Persistent link: https://www.econbiz.de/10011555355
Am 26. Februar 2007 hat die EU-Kommission ein beschleunigtes Vertragsverletzungsverfahren gegen Deutschland wegen der Einführung von angeblichen "Regulierungsferien" in dem jüngst novellierten Telekommunikationsgesetz (TKG) eröffnet. Die Kommission vermutet, dass die dort getroffene...
Persistent link: https://www.econbiz.de/10011601717
The internet giants - Facebook, Amazon, Netflix and Google, among others - have transformed society with both positive and negative effects. The negative effects have been stark. There have been huge disruptions caused by e-commerce. More recently, subtler, but even more serious negative effects...
Persistent link: https://www.econbiz.de/10012113480
shows that these problems do not automatically imply that sector specific regulation is warranted. The same hold for the … specific regulation of mobile telephone markets. The social welfare loss that would arise from such regulations are estimated …
Persistent link: https://www.econbiz.de/10010263392
game, where firms lobby for regulation before they compete in the product market, we derive a testable measure of lobbying …
Persistent link: https://www.econbiz.de/10010278063