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This paper analyses how the endogenous detection of an upstream cartel by a down-stream buyer allows the detecting firm to raise rivals' cost. We model a market with a vertical structure, where a stable all-inclusive cartel is operating in the upstream market which provides an input to a...
Persistent link: https://www.econbiz.de/10012934303
significant impediment to effective competition. Under this approach, the substantive test would be fulfilled, in principle, in …
Persistent link: https://www.econbiz.de/10013219002
This article provides an overview of the competitive issues surrounding online platforms. The general theme is that while much has been made of the structural features of online platforms there is little hard evidence that these are durable monopolies. Nonetheless, there are concerns about the...
Persistent link: https://www.econbiz.de/10013321957
countries is long overdue: the treatment of public policies that suppress competition. Whereas the European Union (“EU”) and … to enact laws that restrain competition. Further, individual groups are largely free to lobby for laws designed to erect … available to both public and private enforcers of the U.S. antitrust laws to challenge state-imposed restraints on competition …
Persistent link: https://www.econbiz.de/10014039873
The last couple of years have seen an increasing interest in critical loss analysis, both, in academia and in practice. This development is documented by various research papers, high-level exchanges between antitrust experts as well as an increasing number of case decisions which make use of...
Persistent link: https://www.econbiz.de/10010299843
The last couple of years have seen an increasing interest in critical loss analysis, both, in academia and in practice. This development is documented by various research papers, high-level exchanges between antitrust experts as well as an increasing number of case decisions which make use of...
Persistent link: https://www.econbiz.de/10008474669
European Community law has played a pivotal role in opening to competition economic sectors previously under the … competition. In this paper, we will focus on the first category of market failures, i.e. the bottlenecks that may prevent … competition in the postal sector. There are two regulatory instruments to impose remedies in network industries, sector …
Persistent link: https://www.econbiz.de/10014073491
the objectives of competition policy. While fairness is undoubtedly an acceptable objective by itself and has its place in … the history of economic regulation, its treatment in competition policy has been carefully conceptualized over the years … in the EU competition policy …
Persistent link: https://www.econbiz.de/10014261511
by digital platforms are multi-fold and complex, the goal of competition authorities should be to protect innovation … offered for free, competition is based on quality, but also very largely on innovation. Thus, consumer welfare is served by … decision to host a conference in Brussels in January 2019 on “Shaping competition policy in the era of digitisation”, seeks to …
Persistent link: https://www.econbiz.de/10012910324
In a companion note (Antitrust vs. Sector-specific Regulation in Telecom: What Works Best?), we argued that while the full liberalization of telecommunications markets provides scope for relying to a large extent on general antitrust rules and institutions as instruments of economic regulation,...
Persistent link: https://www.econbiz.de/10014059514