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The critical loss test proposed by Barry Harris and Joseph Simons has become popular in helping define U.S. antitrust markets. The test commonly leads to large, inclusive markets. We show that it is problematic, for several reasons.
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We study the enforcement of competition policy against collusion under Leniency Programs, which gave reduced fines to …
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collusion. This paper tests the hypothesis for the Italian banking market, analysing the behaviour of the largest Italian banks … from 1990 to 1996. Market rivalry is gauged by changes in loan market shares and interest rates in each Italian province … indicators, banks' costs and loan growth on variations in market shares and interest rates. …
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The paper offers a comparative analysis of antitrust or competition law in the European Union and the United States … legal systems, although some discussion focuses on the differences. The effect of competition law on consumer welfare in the …
Persistent link: https://www.econbiz.de/10005661270
We analyze the effects of accidents and liability obligations on the incentives of car manufacturers to monopolize the … results is the observation that high prices for spare parts entail a negative external effect inasmuch as liability …
Persistent link: https://www.econbiz.de/10011498651
We analyze the effects of accidents and liability obligations on the incentives of car manufacturers to monopolize the … external effect inasmuch as liability obligations imply that consumers of competing products have to pay the high prices as … well. -- aftermarkets ; monopolization ; liability …
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