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Partial ownership of stock in multiple competing firms is an important scholarly and policy topic in both corporate and antitrust law. Until now, the discussion has focused on ownership. This essay shifts the debate from a focus on common ownership to a focus on common control. No prior work has...
Persistent link: https://www.econbiz.de/10013236520
Persistent link: https://www.econbiz.de/10013078394
While price-fixing on platforms can attract severe enforcement action, as shown by the Amazon poster case, a more nuanced picture emerges regarding the fixing of prices for sellers by sharing economy platforms. This paper explores possible antitrust responses to such centralised platform-driven...
Persistent link: https://www.econbiz.de/10012914371
continued hostility toward non-standard agreements. The article finds that explanation in price theory's model of perfect … competition. Some have attributed the inhospitality tradition to price theory's "technological" conception of the firm and a …
Persistent link: https://www.econbiz.de/10014058580
We study how the most-favored-nation (MFN) clause affects the tariffs of an importer, the technology choices of exporters, and global welfare. Our key contribution is to consider that the MFN clause does not only impose nondiscriminatory tariffs but also makes tariffs observable to third...
Persistent link: https://www.econbiz.de/10014261832
perceived lack of a coherent theory guiding their assessment. This article asks whether this is the case: do we lack an …. Moreover, legal scholarship complements the theory where the courts and authorities did leave a question open. Thus, it is …
Persistent link: https://www.econbiz.de/10014111603
Growing numbers of legislators and policy experts charge that tech firms such as Amazon, Google, Facebook, Apple, and Microsoft are “monopolies,” with the potential power to harm consumers.Many economists, lawyers, and politicians say that economic features of these companies' product...
Persistent link: https://www.econbiz.de/10012846229
When an upstream monopolist supplies several competing downstreamfirms, it may fail to monopolize the market because it is unable to commit not to behave opportunistically. We build on previous experimental studies of this well-known commitment problem by introducing communication. Allowing the...
Persistent link: https://www.econbiz.de/10011518962
Building on the seminal paper of Ordover, Saloner and Salop (1990), I study the role of reputation building on foreclosure in laboratory experiments. In one-shot interactions, upstream firms can choose to build a reputation by revealing their price history to the current upstream competitor. In...
Persistent link: https://www.econbiz.de/10011555141
This paper (only available in Spanish) summarises the relevant literature in the field of vertical restraints in connection with retail markets and distribution, and provides some insights from Chilean practice
Persistent link: https://www.econbiz.de/10013155761