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A reform movement is underway in antitrust. Citing prior enforcement failures, deviations from the original intent of the antitrust laws, and overall rising levels of sector concentration, some are seeking to fundamentally alter or altogether replace the current consumer welfare standard, which...
Persistent link: https://www.econbiz.de/10014358964
Does greater product market competition improve external competitiveness and growth? This paper examines this question … emerging market economies and developing countries, and finds that an improvement in domestic competition is associated with a … productivity growth. Price levels, including of essential items, are also generally lowered with an increase in competition …
Persistent link: https://www.econbiz.de/10012839680
to decline as antitrust enforcement regimes had become stricter. As predicted by cartel theory, market structure is an …
Persistent link: https://www.econbiz.de/10012732885
on competition, and therefore on business dynamism, productivity and ultimately well-being. A recent update of the OECD …. Regulatory reform can improve consumer welfare by boosting competition and thus lowering prices of key goods and services, which … competition will also allow higher wages. Reducing barriers to entry can facilitate firm creation, boosting investment and jobs. …
Persistent link: https://www.econbiz.de/10012304414
We examine a deregulation of German pharmacists to assess its effects on retail and labor markets. From 2004 onward, the reform allowed pharmacists to expand their single-store firms and to open or acquire up to three affliated stores. This partial deregulation of multi-store prohibition reduced...
Persistent link: https://www.econbiz.de/10012546929
In this paper we have developed a model which analyzes price competition in the deregulated Spanish electriciy market … settling stranded costs payments. We show that stranded costs recovery and efficient competition are not necessarily …
Persistent link: https://www.econbiz.de/10014128165
In this paper the problem of opportunism in the presence of an essential facility is examined. Two firms A and B can produce the same good. Firm A owns an essential facility and firm B can only gain access to consumers via this facility. A three stage game is used to charaterise the existence of...
Persistent link: https://www.econbiz.de/10014111951
Private label brands have experienced enormous growth since the late 1970s. Given the magnitude and continuing growth of such sales, the importance of private label goods for the antitrust analysis of consumer goods industries is obvious. Nevertheless, to date relatively little research has been...
Persistent link: https://www.econbiz.de/10013117468
majority share of the markets for general-search results and advertising, prompting antitrust and competition-law scrutiny of …. This type of steering forecloses competition in markets not immediately adjacent to the platform itself. Current antitrust …
Persistent link: https://www.econbiz.de/10012958316
Competition agency guidelines, policy statements and related advocacy are an important vehicle for policy expression … guidelines and policy statements has, arguably, been particularly important in the context of the competition policy treatment of … intellectual property rights, given the complexity of this area, the importance that competition agencies attach to it, and its …
Persistent link: https://www.econbiz.de/10011810287