Showing 10,671 - 10,680 of 10,731
Adequate remuneration of temporary overdrafts must reflect their nature and allow full competition among banks in formulating the pricing in a context of simplicity, transparency and comparability for the customers.
Persistent link: https://www.econbiz.de/10008557236
We examine the effect of the Amnesty Plus policy on the incentives of firms to engage in cartel activities. Amnesty Plus is aimed at attracting amnesty applications by encouraging firms, convicted in one market, to report their collusive agreements in other markets. It has been vigorously...
Persistent link: https://www.econbiz.de/10008642225
We believe the rules set out in the Draft Guidelines for the treatment of standardization agreements under Article 101 risk chilling innovation and, in some industries, also undermining the process of standardization. Anne Layne-Farrar & Jorge Padilla (LECG)
Persistent link: https://www.econbiz.de/10008642583
Do the Draft Guidelines seek to define problems and propose solutions in a manner that may be interpreted as reflecting a bias against the legitimate and pro-competitive exercise of intellectual property rights? Richard Taffet (Bingham)
Persistent link: https://www.econbiz.de/10008642584
This article identifies 10 aspects where, in the author’s view, the Commission’s proposed amendments should be further clarified or dropped in order to reach a sound competition policy solution and enhance legal certainty. Axel Gutermuth (Arnold & Porter)
Persistent link: https://www.econbiz.de/10008642585
To promote innovation and economic development, the standard-setting process should be geared towards identifying the “best in breed†technologies irrespective of the existing market position of the various companies participating in the standard-setting procedure....
Persistent link: https://www.econbiz.de/10008642586
Economic literature often offers conflicting views on the likely efficiency effects of information exchanges, communication between firms, and market transparency. On the one hand, it is argued that increased information dissemination improves firm planning to the benefit of society (including...
Persistent link: https://www.econbiz.de/10005114062
We study antitrust enforcement in which the fine must obey four legal principles: punishments should fit the crime, proportionality, bankruptcy considerations, and minimum fines. We integrate these legal principles into an infinitely-repeated oligopoly model. Bankruptcy considerations ensure...
Persistent link: https://www.econbiz.de/10011256547
This discussion paper resulted in the publication <I>The B.E. Journal of Economic Analysis & Policy</I> (2007), 7(1), 1135.<P> Intuitively, extending the period of repose for price fixing agreements enhances the effectiveness of competition policy enforcement. This paper proofs this intuition wrong. As...</p></i>
Persistent link: https://www.econbiz.de/10011256731
We analyze how leniency affects cartel pricing in an infinitely-repeated oligopoly model where the fine rates are linked to illegal gains and detection probabilities depend on the degree of collusion. A novel aspect of this study is that we focus on the worst possible outcome. We investigate the...
Persistent link: https://www.econbiz.de/10011256899