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Implications of unprofitable horizontal mergers : a positive external effect does not suffice to clear a merger!

Budzinski, Oliver; Kretschmer, Jürgen-Peter - 2009

We demonstrate that the popular Farrell-Shapiro-framework (FSF) for the analysis of mergers in oligopolies relies regarding its policy conclusions sensitively on the assumption that rational agents will only propose privately profitable mergers. If this assumption held, a positive external...

Persistent link: https://www.econbiz.de/10003821593

Assessing the effects of a road surfacing cartel in Switzerland

Hüschelrath, Kai; Leheyda, Nina; Beschorner, Patrick … - 2009

The paper assesses the impact of the detection of a hard-core cartel in the Swiss market for road surfacing on post-cartel competition. In addition to an investigation of supply-side factors, demand-side factors, and market prices, the paper also derives estimates of the economic effects of the...

Persistent link: https://www.econbiz.de/10003914268

Critical loss analysis in market definition and merger control

Hüschelrath, Kai - 2009

The last couple of years have seen an increasing interest in critical loss analysis, both, in academia and in practice. This development is documented by various research papers, high-level exchanges between antitrust experts as well as an increasing number of case decisions which make use of...

Persistent link: https://www.econbiz.de/10003914325

Fighting hard core cartels

Hüschelrath, Kai; Weigand, Jürgen - 2010

between four subsequent stages – characterisation, welfare effects, enforcement and evaluation – the paper pays particular … possibilities to judge on the successfulness of cartel enforcement activities by competition authorities around the world …. -- Competition Policy ; Hard Core Cartels ; Public Enforcement ; Private Enforcement ; Evaluation …

Persistent link: https://www.econbiz.de/10008701356

A methodology for the evaluation of competition policy

Hüschelrath, Kai; Leheyda, Nina - 2010

. -- Competition Policy ; Evaluation ; Merger control ; Cartel enforcement …

Persistent link: https://www.econbiz.de/10008701366

Antitrust immunity for airline alliances

Bilotkach, Volodymyr; Hüschelrath, Kai - 2010

The market developments in international air transportation have led to the dominance of three global airline alliances – Star, SkyTeam and oneworld. At the same time, members of these alliances receive increasingly more freedom in coordinating various aspects of joint operations, including...

Persistent link: https://www.econbiz.de/10008701367

An experimental contribution to the revision of the guidelines on research and development agreements

Engel, Christoph - 2010

The European Commission is working on a revision of its Guidelines on Research and Development Agreements. On this occasion, this note surveys the existing experimental evidence. Experiments add a number of additional arguments to the normative assessment. R&D agreements have a much smaller...

Persistent link: https://www.econbiz.de/10008779115

The institutional framework for doing sports business: principles of EU competition policy in sports markets

Budzinski, Oliver - 2012

The competition rules and policy framework of the European Union represents an important institutional restriction for doing sports business. Driven by the courts, the 2007 overhaul of the approach and methodology has increased the scope of competition policy towards sports associations and...

Persistent link: https://www.econbiz.de/10009505624

The impact of cartelization on pricing dynamics : evidence from the German cement industry

Hüschelrath, Kai; Veith, Tobias - 2011

increase profits. Our results have important implications for both the design of screening tools to detect cartels as part of … public enforcement and the calculation of damages as part of private enforcement of competition law. -- Antitrust policy … ; cartels ; umbrella pricing ; net prices ; cement ; screening ; damages …

Persistent link: https://www.econbiz.de/10009424160

Strategic capacity withholding through failures in the German-Austrian electricity market

Bergler, Julian; Heim, Sven; Hüschelrath, Kai - 2016

In electricity day-ahead markets organized as uniform price auction, a small reduction in supply in times of high demand can cause substantial increases in price. We use a unique data set of failures of generation capacity in the German-Austrian electricity market to investigate the relationship...

Persistent link: https://www.econbiz.de/10011419368