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An antitrust authority deters collusion using fines and a leniency program. Unlike in most of the earlier literature …
Persistent link: https://www.econbiz.de/10010402216
whether the current antitrust allegations against F1 may be valid. We employ concentration measures from empirical economics … starting an in-depth antitrust investigation of Formula One motor racing, which would also represent an opportunity for the …
Persistent link: https://www.econbiz.de/10011492229
antitrust effectiveness and the need for comparative institutional analyses of antitrust that extend beyond matters of … precluding private antitrust enforcement as one salient choice in antitrust design depends on whether antitrust enforcement is … antitrust lawsuits or incentivizes firms to engage in frivolous litigation. Corruption expectedly reduces the effectiveness of …
Persistent link: https://www.econbiz.de/10011384564
In several European merger cases competition authorities have demanded that the merging firm auctions off virtual capacity. The buyer of virtual capacity receives an option on an amount of output at a pre-specified price, typically equal to marginal cost. This output is sold in the market in...
Persistent link: https://www.econbiz.de/10010261290
The paper provides new evidence on proxy indicators of market power for major European countries. The data shows moderately increasing average industry concentration over the last two decades, a considerably increasing proportion of high concentration industries, and an overall tendency towards...
Persistent link: https://www.econbiz.de/10013166348
The European Commission has proposed a new regulatory tool for the governance of digital markets. The Digital Markets Act (DMA) intents to limit the market behavior of so-called gatekeeper companies to ensure contestable and fair digital markets. We review the provisions of the DMA both from a...
Persistent link: https://www.econbiz.de/10012652861
In this comprehensive review of ex-post merger studies price effects of horizontal transactions are evaluated. By combining and further analyzing the results of 52 retrospective studies on 82 mergers or merger-like transactions it can be shown that the industry alone is no strong indication for...
Persistent link: https://www.econbiz.de/10012652877
. The antitrust agency’s incentives to produce evidence on the efficiency of a merger proposal depend critically on its …
Persistent link: https://www.econbiz.de/10012438354
market competition and regulation in addressing these concerns. Traditional (ex-post) antitrust intervention will be less … effective in markets driven by network effects unless it is combined with a proper (ex-ante) regulatory framework. Antitrust …
Persistent link: https://www.econbiz.de/10012405498
Dieser Beitrag fasst die ökonomischen Besonderheiten von Unterhaltungsmärkten zusammen und legt dabei einen besonderen Fokus auf Digitalisierungseffekte. Dabei werden die Aspekte Erfahrungsgüter und Qualität, Fixkostendegression & Güterheterogenität, Super-stareffekte, die Rolle...
Persistent link: https://www.econbiz.de/10012416281