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This article provides a simple account of the effect of quality competition on the extent of sequential entry …
Persistent link: https://www.econbiz.de/10012897111
Revisions incorporated into the Horizontal Merger Guidelines in 2010 claim that the Department of Justice and the Federal Trade Commission consider anticompetitive effects to product “variety” when evaluating mergers. The Guidelines do not, however, explain the methodology or tools that can...
Persistent link: https://www.econbiz.de/10014143894
finding is that firms? idiosyncratic efforts and the tendency for competition to equalize profit rates are two sides of the …
Persistent link: https://www.econbiz.de/10010296303
This paper examines whether competition pressures enhance firms' incentives to hide profits. By developing a novel … 20,000 large-and-medium-sized industrial firms in China for the 1995-2002 period, we find that competition is indeed … demonstrate stronger propensities to hide profits. Our analysis suggests that policies used to promote competition should be …
Persistent link: https://www.econbiz.de/10012774436
I present an overview of the antitrust literature on sports leagues, with particular emphasis on the National Collegiate Athletic Association, the National Football League, Major League Baseball, the National Basketball Association, and the National Hockey League, as well as on sanctioning...
Persistent link: https://www.econbiz.de/10012721103
The cross-sectional variation in corporate profitability has occupied research across fields as diverse as strategic management, industrial organization, finance, and accounting. Prior work suggests that industry affiliation as well as different forms of corporate idiosyncrasies are important...
Persistent link: https://www.econbiz.de/10012292713
business model, and competition, result in the platform allowing one type of customers to participate in the platform for free … by the participants on the platform as well as have heightened focus on non-price competition when the participation for … concern a free platform side where there is no monetary measure of value. Finally, dynamic competition makes the analysis of …
Persistent link: https://www.econbiz.de/10014128700
product market competition is much weaker, depending on measurement and model specification: in some equations, domestic sales … reduction are substitutes, that privatization and competition are complements when the latter is measured as the geographic … scope of markets, and that competition and subsidy reduction are independent, in their impacts on Russian enterprise …
Persistent link: https://www.econbiz.de/10014060405
prescribing decisions impact the competition among molecules of a therapeutic class, once generic versions of one of these …
Persistent link: https://www.econbiz.de/10014025989
competition in private banking industry in India in an attempt to analyse the process of market dynamics in the industry. The … of competition proposed by Stigler (1961) and measured it by Bodenhorn’s (1990) measure of mobility. The study provides a … critique of the mechanism of inducing competition, which is implicit in the Narasimham Committee (1991). It then provides the …
Persistent link: https://www.econbiz.de/10005836817