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A large number of countries have introduced successful leniency programs into their competition law enforcement to encourage colluding firms to come forward with evidence that will help detect cartels and punish price-fixers. This paper studies a feature of some of these programs that has...
Persistent link: https://www.econbiz.de/10011264724
This paper discusses the general characteristics of online markets from a competition theory perspective and the implications for competition policy. Three important Internet markets are analyzed in more detail: search engines, online auction platforms, and social networks. Given the high level...
Persistent link: https://www.econbiz.de/10010311056
substantive liability standards for dominant firms in US antitrust law and in EC Competition law. The competition law remedies …
Persistent link: https://www.econbiz.de/10004967587
Numerous recently uncovered cartels operated along the supply chain, with firms at one end facilitating collusion at the other - hub-and-spoke arrangements. These cartels are hard to rationalize because they induce double marginalization and higher costs. We examine Canada's alleged bread cartel...
Persistent link: https://www.econbiz.de/10013254696
We study cartels that operated in the US generic drug industry, leveraging quarterly Medicaid data from 2011-2018 and a difference-in-differences approach comparing the evolution of prices of allegedly collusive drugs with a group of competitive control drugs. Our analysis highlights (i) the...
Persistent link: https://www.econbiz.de/10013254697
In this paper, we comment on the debate about guidelines for Art. 102 TFEU in the face of the challenges brought by digital ecosystems and abuse of dominance in related markets. We take the perspective of dynamic competition economics and derive four recommendations for the future enforcement of...
Persistent link: https://www.econbiz.de/10014515210
-in position without any antitrust intervention. However, I argue in accordance with opponents of ARTHUR's work that path … interpretations of the U.S. antitrust law don't meet the requirements of fair competition rules in the 'New Economy'. If plaintiffs … and market participants, further antitrust lawsuits are going to follow since most markets in the 'New Economy' are …
Persistent link: https://www.econbiz.de/10008498439
examines the role of uncertainty (on the efficiency gains) in this tradeoff. Common wisdom is that the antitrust authorities …
Persistent link: https://www.econbiz.de/10005416449
Persistent link: https://www.econbiz.de/10005690189
-in position without any antitrust intervention. However, I argue in accordance with opponents of ARTHUR’s work that path … interpretations of the U.S. antitrust law don’t meet the requirements of fair competition rules in the ‘New Economy’. If plaintiffs … and market participants, further antitrust lawsuits are going to follow since most markets in the ‘New Economy’ are …
Persistent link: https://www.econbiz.de/10005675449