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products that are more directly affected by competition. However, at the product therapeutic area level, we find a reduction in … innovation by new entrants after the ruling in response to increased competition. Overall, these results are consistent with …
Persistent link: https://www.econbiz.de/10012818283
The model of perfect competition is one of the most famous, most important, and most misunderstood concepts in … economics. Rather than aiming to be a full-blown model of real-world competitive markets, the perfect competition model isolates … only feature of market competition, but it plays a central role regarding to its virtues, and understanding the working …
Persistent link: https://www.econbiz.de/10014536299
The main objective of antitrust interventions is to assure competition in markets to benefit consumers. This paper … challenges this common approach by examining the case of a satellite broadcasting network with monopoly power. First, satellite … formation which maximizes the overall welfare of all market participants. Even if the satellite network uses his monopoly power …
Persistent link: https://www.econbiz.de/10013135655
general competition law, especially concerning energy markets and the road to Internal Market objective.We firstly present … relation between sector regulation and competition law. Our intention is to offer a basis for comparison and counterarguments … of view of European Competition Authorities and ECJ. Concerning Essential Facilities Doctrine, we show how a similar to …
Persistent link: https://www.econbiz.de/10013069619
general competition and sector specific frameworks and rules regarding the regulation of the Internal Energy Market … recent competition law cases of the Energy Market where structural remedies were applied under the commitments procedure …. Essential facilities doctrine and generally competition law tools do not seem to provide a suitable framework for effectively …
Persistent link: https://www.econbiz.de/10014171519
contested places where competition, safety, and reliability meet. Yet, regulators and academics have largely overlooked the … risks Joint Pole Committees (JPCs) pose for energy and communications safety, service, competition, and regulation. This …, competition, and accountable governance at the forefront of utility regulation. This article lifts the veil over JPC practices …
Persistent link: https://www.econbiz.de/10014254996
science enables a rich understanding of competition beyond the simplistic descriptions of markets and firms proposed by …
Persistent link: https://www.econbiz.de/10013296286
In this paper, we will analyse further the issue of concurrence between competition and sector rules and the relation … sector regulation and objectives as a context within the process of implementation of competition law in the energy sector … and third, we will investigate how sector regulation in energy sector incorporates competition law principles and affirms …
Persistent link: https://www.econbiz.de/10013134857
incentives to invest. We distinguish between short-term and long-term competition as two concepts that form a pair of objectives … distinction and combination of sector and competition rules as tools for the effective regulation of developing markets, such as …
Persistent link: https://www.econbiz.de/10013068822