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on antitrust policies has been limited by the complexity of the models and the scarcity of empirical evidence … restraints. Hence, it might strengthen the contributions of academic work to the design and implementation of antitrust policies … of experimental law and economics in antitrust law. Special attention is devoted to vertical integration, exclusive …
Persistent link: https://www.econbiz.de/10011266407
Persistent link: https://www.econbiz.de/10010462349
aversion. With communication, equitable allocations are more frequent and exclusion less frequent. Our results underscore the …
Persistent link: https://www.econbiz.de/10011266390
This article presents results of a laboratory experiment testing whether the effectiveness of a moderate leniency program depends on market size. Against theory, the results indicate that a moderate leniency program is not preferable to a policy which only includes fines for detected cartels,...
Persistent link: https://www.econbiz.de/10011918071
-backed acquisitions may avoid antitrust enforcement because they escape detection. Under the Hart-Scott-Rodino Antitrust Improvements Act …
Persistent link: https://www.econbiz.de/10014345017
$189 trillion range. Overcharges cause price-fixing injuries in the $12 to $37 trillion range. Global antitrust fines …
Persistent link: https://www.econbiz.de/10012954044
The UK Office of Fair Trading (OFT) has been a highly rated competition law enforcer. Yet its antitrust performance … activities fall far short of this image. Here a critical assessment is made of the OFT's antitrust enforcement activities, and …
Persistent link: https://www.econbiz.de/10012938573
The standard of proof required in merger cases has become the centre of considerable controversies and confusion following the Australian Federal Court's decision in Metcash. This paper reviews the use of counterfactuals and the inherent contradictions in adopting the real chance standard of...
Persistent link: https://www.econbiz.de/10012940200
These two papers look at recent decisions and controversies surrounding the counterfactual test under s 36 of the New Zealand Commerce Act 1986, and s46 of the Australian Competition and Consumer Act 2010 respectively. In 2010 the New Zealand Supreme Court in 0867 affirmed the counterfactual as...
Persistent link: https://www.econbiz.de/10012940408
Based on an analysis of cartel prosecutions since 2007, this article assesses the way the European Commission has built up its fines in practice. The fines are compared with those imposed by the European Commission over the period from 1999 to 2006. The main findings are that, while fines have...
Persistent link: https://www.econbiz.de/10012940532