A model of loan rate competition with liquidity provision by banks is used to study bank mergers. Both loan rate … competition and liquidity needs are seen to be "localised" phenomena. This allows for tracing down the effects of particular types …

derived from imperfect competition in markets for financial services is implied, which banks exercise vis-à-vis their loan and … deposit customers. In the past, bank regulation has often been blamed for undermining competition and the functioning of … industry, competition and regulation are deeply interrelated as most regulatory institutions, even if they do not explicitly …

The study analyzes the impact of European antitrust enforcement on industry performance measured as competition … competitive market structure. We find that enforcement has a considerable effect, both on competition intensity and on … an increase in competition and productivity after the cartel break-up. The impact of vertical conduct is more complex …

contestants due to softer competition. Our main result regarding total revenue comparison under the optimal biases reveals that …

This paper develops a fairly general model of platform competition in media markets allowing viewers to use multiple … platforms. This leads to a new form of competition between platforms, in which they do not steal viewers from each other, but … competition "either or both." A central result is that platform ownership does not affect advertising levels, despite nontrivial …