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This article proposes an incentive-based method to facilitate private antitrust enforcement in the European Union. Focusing exclusively on cartels, the article first explains why antitrust enforcement benefits from being both public and private. It goes on to suggest that through an improved...
Persistent link: https://www.econbiz.de/10014191086
A quot;price squeeze,quot; or quot;margin squeeze,quot; is a theory of antitrust liability under section 2 of the … antitrust case.The price-squeeze theory of liability is incompatible with contemporary antitrust jurisprudence and economic … downstream competitors, it may raise the price of its upstream inputs without incurring antitrust liability. On the other hand …
Persistent link: https://www.econbiz.de/10012766481
This article examines the economic consequences of collusion in both the output market and one of the input markets. We examine the results of sequential collusion, which leads to complications and inconsistencies in measuring antitrust damages. We also examine simultaneous collusion in both the...
Persistent link: https://www.econbiz.de/10013215863
This chapter examines the issue of imputing liability in the context of the private enforcement of competition law. It … focuses specifically on the notion of imputing liability to a legal person for the EU competition law violation committed by … Member States must follow with respect to subsidiary liability, parental liability, and sister liability when ruling on …
Persistent link: https://www.econbiz.de/10013291569
liability rules that collectively would maximize monopolization doctrine's net benefits by minimizing the sum of its “decision …
Persistent link: https://www.econbiz.de/10013075441
Several competition authorities consider the exemption of horizontal agreements among firms from antitrust liability if …
Persistent link: https://www.econbiz.de/10012936659
Antitrust law provides treble damages for victims of antitrust violations, but the vast majority of private cases settle. The average or median size of these settlements relative to the overcharges involved has, until now, been only the subject of anecdotes or speculation. To ascertain what we...
Persistent link: https://www.econbiz.de/10013030550
An antitrust authority deters collusion using fines and a leniency program. Unlike in most of the earlier literature, our firms have imperfect cumulative evidence of the collusion. That is, cartel conviction is not automatic if one firm reports: reporting makes conviction only more likely, the...
Persistent link: https://www.econbiz.de/10010402216
An antitrust authority deters collusion using fines and a leniency program. It chooses the probability of an investigation. Firms pick the degree of collusion: The more they collude, the higher are profits, but so is the probability of detection. Firms thus trade-off higher profits against...
Persistent link: https://www.econbiz.de/10012851094
This paper explores the concept of vertical restraints or restrictions. It includes references to the competition law regimes of the European Union (EU), United States (US), and the People's Republic of China, as well as the key case law. It is part of the Concurrences' Global Dictionary of...
Persistent link: https://www.econbiz.de/10013216826