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Collusive Bidding, Competition Law, and Welfare

Gangopadhyay, Shubhashis; Sjögren, Stefan; Mallios, Aineas - 2022

We explain why competing firms form collective entities to buy patents from other entities, particularly from non-producing entities (NPEs), and follow a catch and release patent strategy. We show why competitors bidding as a single unit is better than competitors bidding against each other and...

Persistent link: https://www.econbiz.de/10014243539

Has the European Commission Become More Severe in Punishing Cartels? Effects of the 2006 Guidelines

Connor, John M. - 2011

This paper analyzes the first 13 cartel decisions of the European Commission under its 2006 revised fining guidelines. I find that the severity of the cartel fines is more than five times higher than those figured under the previous 1998 Guidelines. For the first time in antitrust history, I...

Persistent link: https://www.econbiz.de/10014187249

Bargaining in the Shadow of the European Settlement Procedure for Cartels

Schinkel, Maarten Pieter - 2011

In its recently implemented settlement procedure for cartels, the European Commission pledges not to negotiate the appropriate sanction. The Commission offers a take-it-or-leave-it 10% reduction of the ultimate fine only in exchange for acknowledgment of the facts. Yet there are at least three...

Persistent link: https://www.econbiz.de/10014187851

Fines Against Hard Core Cartels in Europe : The Myth of Over Enforcement

Combe, Emmanuel; Monnier, Constance - 2009

Based on a sample of 64 cartels convicted by the European Commission from 1975 to 2009 and a methodology allowing to estimate restitution and dissuasive fines to be imposed on cartels from microeconomic variables on a case by case basis, this paper compares the level of fines actually inflicted...

Persistent link: https://www.econbiz.de/10014206504

Cartels and Fines

Smuda, Florian - 2021

This chapter deals with cartel fines as sanctions to deter cartelization. The concept of cartel fines as a deterrent is based on the premise that a potential cartelist will refrain from joining a cartel if the expected fine will exceed or at least offset any cartel gains. Based on a simple...

Persistent link: https://www.econbiz.de/10013226966

The fight against cartels : a transatlantic perspective

Dargaud, Emilie; Mantovani, Andrea; Carlo, Reggiani - 2013

the EU and the US is not the basic toolkit for achieving deterrence, but to whom it is targeted. In the EU, pecuniary …

Persistent link: https://www.econbiz.de/10011730980

The Oracle/PeopleSoft case : unilateral effects, simulation models and econometrics in contemporary merger control

Budzinski, Oliver (contributor); … - 2007

An increasingly important part of contemporary merger control both in the US and the EU is unilateral effects analysis … application of these sophisticated economic tools by the EU and US authorities so far. This makes an in-depth study of the case …. Therefore, we highlight certain similarities as well as (minor) differences between the EU and US proceedings. Interestingly …

Persistent link: https://www.econbiz.de/10003417465

An empirical assessment of the 2004 EU merger policy reform

Duso, Tomaso; Gugler, Klaus; Szücs, Florian - 2010

Based on a database of 326 merger cases scrutinized by the European Commission between 1990 and 2007, we evaluate the economic impact of the change in European merger legislation in 2004. We first propose a general framework to assess merger policy effectiveness, which is based on standard...

Persistent link: https://www.econbiz.de/10008822615

An empirical assessment of the 2004 EU merger policy reform

Duso, Tomaso; Gugler, Klaus; Szücs, Florian - 2012

-grounded. -- merger control ; regulatory reform ; EU Commission ; event-study …

Persistent link: https://www.econbiz.de/10009551410

Balancing competition and cooperation : evidence from transatlantic airline markets

Bilotkach, Volodymyr; Hüschelrath, Kai - 2015

In the last two decades, airline alliances were not only successful in extending the size of their networks, but also received approvals by public authorities to intensify their cooperation through to merger-like revenue-sharing joint ventures (JVs). We empirically investigate the impact of the...

Persistent link: https://www.econbiz.de/10011316436