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Economic analysis of competition regulation is most developed in the domain of horizontal mergers, and modern agency … guidelines reflect a substantial consensus on the appropriate template for merger assessment. Nevertheless, official protocols … standard models, and more broadly to diverge with how economic analysis of proposed mergers should be and often is conducted …
Persistent link: https://www.econbiz.de/10012428221
The paper provides new evidence on proxy indicators of market power for major European countries. The data shows moderately increasing average industry concentration over the last two decades, a considerably increasing proportion of high concentration industries, and an overall tendency towards...
Persistent link: https://www.econbiz.de/10013166348
Recently there has been a notable increase in interest in antitrust law in much of the world. This chapter discusses … antitrust policy toward horizontal mergers, the area of antitrust that has seen some of the most dramatic improvements in both …, merger laws and enforcement practices, econometric methods for analyzing prospective horizontal mergers, and evidence …
Persistent link: https://www.econbiz.de/10014024580
emergence of new business models. The increasing roles of digital platforms as well as data-driven markets represent two …
Persistent link: https://www.econbiz.de/10011926921
-called more economic approach in the 2000s). This contribution reviews the state of the art in antitrust-oriented modern … industrial economics and, in particular, critically discusses open questions and possible limits of basing antitrust on modern …
Persistent link: https://www.econbiz.de/10010321698
Das Instrument der Ministererlaubnis ist ein vieldiskutierter Sonderfall in der deutschen Wettbewerbspolitik, bei …
Persistent link: https://www.econbiz.de/10011889948
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 of antitrust and, therefore, its 'technical' potential is far from being … comprehensively exploited and teething problems in its practical use in the antitrust environment prevail. We provide a classification …
Persistent link: https://www.econbiz.de/10010321675
Digital platforms have reshaped many product markets and play an increasingly important role in economies around the … globe. Some of these platforms have become powerful players and may possess a lot of market power. Economists use a number … context of digital platforms. In particular, we focus on assessing entrenched market power and the role of potential …
Persistent link: https://www.econbiz.de/10014077627
The power of today’s tech giants has prompted calls for changes in antitrust law and policy which, for decades, has … been exceedingly permissive in merger enforcement and in constraining dominant firm conduct. Economically, the fear is that … the largest digital platforms are so dominant and its data advantage so substantial that competition is foreclosed …
Persistent link: https://www.econbiz.de/10014106904
) with a focus on how they affect and change competition and markets. Section 4 summarizes landmark antitrust cases and … current antitrust concerns re-garding electronic marketplaces like Facebook, Google, or Amazon. Based upon the state of …
Persistent link: https://www.econbiz.de/10011603190