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We study collusion between a public firm and a private firm, characterizing the outcome (market shares, profits, and … collusion sustainability. Our results suggest that collusion reduces the productive inefficiency caused by the public firm being …
Persistent link: https://www.econbiz.de/10013296580
essay suggests that a fundamental change in antitrust policy is necessary to police against debt-control-based collusion …
Persistent link: https://www.econbiz.de/10013236520
mutual shareholding. According to our results firstpriceprocurement is quite collusion-proof when allowing for the latter two …
Persistent link: https://www.econbiz.de/10005866708
On November 16, 2016, China issued the trailblazing Tetra Pak decision, which introduced the concept of loyalty rebates into the Chinese Anti-Monopoly Law. This article is aimed at critically assessing the loyalty rebates analysis in this decision and discussing how the law could develop...
Persistent link: https://www.econbiz.de/10012827662
Loyalty discounts and rebates are pricing schemes that offer incentives to buyers for reaching or exceeding certain sales thresholds. In the case of market share discounts, thresholds are expressed as a percentage of the buyer's total purchase requirements. Although market share discounts may...
Persistent link: https://www.econbiz.de/10013134329
, collusion. …
Persistent link: https://www.econbiz.de/10011346282
Publishers produce books in hardcover and paperback versions with different prices and time of market introduction. Analysis of detailed book-level data reveals that (i) price-cost differentials cannot be explained by cost differences, making this an example of quality discrimination; (ii)...
Persistent link: https://www.econbiz.de/10014121206
Publishers produce books in hardcover and paperback versions with different prices and time of market introduction. Analysis of detailed book-level data reveals that (i) market introduction time has a strong effect on sales, suggesting that time is the crucial dimension of discrimination; (ii)...
Persistent link: https://www.econbiz.de/10014121458
the explanatory power of traditional collusion, relative market power and efficiency alongside other key controls on bank …
Persistent link: https://www.econbiz.de/10011114371
We consider loyalty discounts whereby the seller promises to give buyers who commit to buy from it a lower price than the seller gives to uncommitted buyers. We show that an incumbent seller can use loyalty discounts to soften price competition between itself and a rival, which raises market...
Persistent link: https://www.econbiz.de/10014198559