airport-pairs to reject both conducts consistent with the Bertrand outcome, which is equivalent to perfect competition, and … oligopoly. In the second part of the paper, a cross-section pricing regression complements the Rosse-Panzar test. It shows that … the presence of low-cost competition in an airport-pair reduces the average fare significantly. …

Naturally, competition policy is based on competition economics made applicable in terms of law and its enforcement …. Within the different branches of competition economics, modern industrial economics, or more precisely gametheoretic … oligopoly theory, has become the dominating paradigm both in the U.S. (since the 1990s Post-Chicago movement) and in the EU (so …

Naturally, competition policy is based on competition economics made applicable in terms of law and its enforcement …. Within the different branches of competition economics, modern industrial economics, or more precisely gametheoretic … oligopoly theory, has become the dominating paradigm both in the U.S. (since the 1990s Post-Chicago movement) and in the EU (so …

This paper studies how current competition policy should be altered in order to take into account our understanding of … literature in the field of competition policy despite the fact that a distortion of competition is an externality. The … externality that competition authorities typically study is the one caused by the gap between price and marginal cost that arises …

jurisprudence, as both the federal competition agencies and the courts increasingly accepted and relied on the insights and evidence …

Issues of productive capacity can play a role in nearly every aspect of competition analysis. This paper provides an … overview of the economic literature on capacity and the role that capacity has played in actual antitrust and competition law … part, the theoretical role of capacity in various aspects of competition analysis is ambiguous and the empirical literature …

have adopted competition laws (the term used in most other nations), and US antitrust agencies interact with foreign enforc … Competition Network and the Organisation for Economic Co-operation and Development—to promote procedural fairness and the rule of …

Naturally, competition policy is based on competition economics made applicable in terms of law and its enforcement …. Within the different branches of competition economics, modern industrial economics, or more precisely game …-theoretic oligopoly theory, has become the dominating paradigm both in the U.S. (since the 1990s Post-Chicago movement) and in the EU (so …