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Private Law and Competition Policy in the Global Economy
Calliess, Gralf-Peter - 2014
In this paper we criticize the so-called 'more economic approach' to European competition law for its disregard of the importance of a functional system of private law. The more economic approach presumes that vertical integration is an economically efficient governance-mechanism. This...
Persistent link: https://www.econbiz.de/10013071116
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Family Ties and the Boundaries of the Firm in Antitrust Law
Pargendler, Mariana; Mesquita e Silva, Maria Luiza; … - 2023
This chapter examines the use of family ties in the application of antitrust law. Competition authorities in Argentina, Brazil, Indonesia, and Turkey have relied on family ties in the contexts of merger control and scrutiny of anticompetitive agreements. Authorities have converged in using...
Persistent link: https://www.econbiz.de/10014343659
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Institutional constraints on organizations: The case of Spanish car dealerships
Arruñada, Benito; Vázquez, Luis; Zanarone, Giorgio - Department of Economics and Business, Universitat … - 1999
observed separations occurred in distribution networks that underwent marked reductions in worker unionization rates, following …
Persistent link: https://www.econbiz.de/10005704934
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Subadditivity Tests for Network Separation with an Application to US Railroads
Ivaldi, Marc; McCullough, Gerard - C.E.P.R. Discussion Papers - 2004
We describe a pair of subadditivity tests that can be used to evaluate the technological feasibility of separating a vertically integrated network monopoly into a common infrastructure component and competing operating components. We implement the tests with a Generalized McFadden cost function...
Persistent link: https://www.econbiz.de/10005067525
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The Meaning of Vertical Agreement and the Structure of Competition Law
Kaplow, Louis - 2016
Competition law's vertical agreement requirement is widely regarded to be perplexing and to offer a fairly limited unilateral action defense. These views prove to be understated. The underlying distinction is incoherent on a number of levels and difficult to reconcile with pertinent statutes,...
Persistent link: https://www.econbiz.de/10012992585
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Organizational decisions in multistage production processes : conference paper
Nowak, Verena Nina - 2014 - Very preliminary
To explain organizational decisions in multistage production processes we assume a production process with one producer and two suppliers of which one is the firm's direct supplier and the other one is the supplier of the supplier. The firm decides only on the organizational form of her direct...
Persistent link: https://www.econbiz.de/10010491155
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Interbank Networks in Prewar Japan: Structure and Implications Interbank Networks in Prewar Japan: Structure and Implications
Okazaki, Tetsuji; Sawada, Michiru - Institute of Economic Research, Hitotsubashi University - 2011
In this paper, we explore the structure and implications of interbank networks in prewar Japan, focusing on director … of networks also matters in the sense that the failure probability of a bank with a network was negatively associated … through networks. In addition, networks of director interlocking contributed to the stabilization of the financial system …
Persistent link: https://www.econbiz.de/10010539817
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Entrepreneurship and market order: Some historical evidence
Bitros, George C.; Minoglou, Ioanna - Volkswirtschaftliche Fakultät, … - 2006
Our objective here is to establish the proposition that creative entrepreneurship gives rise to a market order which is optimally adjusted to facilitate the introduction and the diffusion of innovations, particularly those that take the form of new markets, new organizational schemes, new...
Persistent link: https://www.econbiz.de/10005619882
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Competition and Public Service Broadcasting: Stimulating Creativity or servicing Capital?
Turner, S.; Lourenço, A. - ESRC Centre for Business Research - 2010
In UK public service broadcasting, recent regulatory change has increased the role of the private sector in television production, culminating in the BBC's recent introduction of 'creative competition' between in-house and independent television producers. Using the concept of 'cognitive...
Persistent link: https://www.econbiz.de/10010614666
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Identity and Mobility: Historical Fractionalization, Parochial Institutions, and Occupational Choice in the American Midwest
Wilson, Nicholas Logan; Munshi, kaivan - Center for Development Economics, Williams College - 2010
occupational choice and mobility. The analysis links competition between ethnic networks in the Midwest when it was first … developing, and the in-group identity that emerged endogenously to support these networks, to institutional participation and …
Persistent link: https://www.econbiz.de/10009002067