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Economics rightfully represents the major basis for competition policy. Next to generating knowledge about competition and its welfare effects, the currently popular more-economic approach is charged with a number of additional hopes and expectations, leading to a reduction of the ambiguities of...
Persistent link: https://www.econbiz.de/10010265753
We review the Bundeskartellamt (Federal Cartel Office Germany) decision on the proposed merger between Springer and ProSiebenSat.1 from an economic point of view. In doing so, it is not our goal to analyse whether the controversial decision by the Bundeskartellamt has been correct or flawed from...
Persistent link: https://www.econbiz.de/10010265759
Advanced economic instruments like simulation models are enjoying an increased popularity in practical antitrust. There is hope that they being quantitative predictive economic evidence can substitute for qualitative structural analysis and lead to unambiguous results. This paper demonstrates...
Persistent link: https://www.econbiz.de/10010265864
Advances in competition economics as well as in computational and empirical methods have offered the scope for the employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is, nevertheless, still a very young and innovative instrument...
Persistent link: https://www.econbiz.de/10010265876
The paper discusses the role of the concept of special and differential treatment in the framework of regional trade agreements for the development of a competition regime. After a discussion of the main characteristics and possible shortfalls of those concepts, three case countries are assessed...
Persistent link: https://www.econbiz.de/10010269953
The paper explores what macroeconomic factors can tell us about the effectiveness of recently enacted national competition laws. Qualitative evidence suggests that numerous countries fall short in implementing competition law. Furthermore, there seems to be significant differences between...
Persistent link: https://www.econbiz.de/10010269962
We propose a simple theory of predatory pricing, based on scale economies and sequential buyers (or markets). The entrant (or prey) needs to reach a critical scale to be successful. The incumbent (or predator) is ready to make losses on earlier buyers so as to deprive the prey of the scale it...
Persistent link: https://www.econbiz.de/10010272465
I present the following proposal: information revealed during non-cartel investigations by competition law enforcement authorities, such as evaluation of M&As or investigation of monopolization (dominance) conduct, should be directly used to investigate and prosecute cartels. Currently, in...
Persistent link: https://www.econbiz.de/10010277361
Serbian. U radu se na osnovu analize postojećeg antimonopolskog zakonodavstva u našoj zemlji i ukazivanja na njegovu neadekvatnost daju osnovne sugestije i smernice za izradu novog zakonodavstva, kao osnove za delotvornu politiku razvoja i zaštite konkurencije. lstaknuti su osnovni problemi...
Persistent link: https://www.econbiz.de/10015257546
Serbian Apstrakt. U članku se razmatra aktuelna antimonopolska politika u SR Jugoslaviji. Istražene su tržišne strukture u jugoslovenskoj privredi, uzimajući u obzir stepen koncentracije i uslove ulaska. Pošto su posmatrane tržišne strukture daleko od konkurentnih, naglašena je...
Persistent link: https://www.econbiz.de/10015257696