Showing 51 - 60 of 10,146
many years. In this article the two previous attempts are reviewed and lessons are drawn from an antitrust and competition …
Persistent link: https://www.econbiz.de/10010983918
In 2012–2013 the European Commission has had particularly prominent merger cases, with two prohibitions of transactions and several clearances with far-reaching remedies. In these cases economic analysis has been tightly integrated into the general argument of the Commission and became central...
Persistent link: https://www.econbiz.de/10010988275
Using data from the U.S. automobile market, we empirically examine the link between competition and innovation. Consistent with a large literature, we use patent counts as a measure of innovation. The combination of the U.S. market’s economic importance, market dynamics, and the significant...
Persistent link: https://www.econbiz.de/10011388173
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
I review the state of the art of the academic theoretical and empirical literature on the potential trade-off between competition and stability in banking. There are two basic channels through which competition may increase instability: by exacerbating the coordination problem of...
Persistent link: https://www.econbiz.de/10010270643
This paper focuses on the class of legal rules that governs intellectual property rights: the antitrust limits imposed … on patent settlements. The paper discusses the benefits and costs of settlements and explains why antitrust limits on …. This paper explores a simple antitrust rule governing settlements of intellectural property disputes: a settlement cannot …
Persistent link: https://www.econbiz.de/10010538429
horizontal mergers. Our results suggest that competitive effects in this online market are more closely aligned with the simple … horizontal mergers. However, there are potential distributional effects; our estimates indicate that a three-to-two merger raises …
Persistent link: https://www.econbiz.de/10010285787
This paper provides an economic analysis of recent vertical and horizontal mergers in the U.S. industry for audiovisual … media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine … economic effects of these types of mergers on market competition, focusing on digital media content distribution. In doing so …
Persistent link: https://www.econbiz.de/10012015849
many years. In this article the two previous attempts are reviewed and lessons are drawn from an antitrust and competition …
Persistent link: https://www.econbiz.de/10010319612
the insiders' dilemma, i.e. profitable mergers do not occur. This strategy may thus be more profitable for a buyer than …
Persistent link: https://www.econbiz.de/10010320109