This paper examines the impact of two interventions by Colombia's competition authority to enforce competition in the sugar market on firm performance in downstream sectors. Using an exogenous identification strategy, the analysis finds that following the competition authority's intervention...

In this report we study the implementation and effectiveness of the antitrust remedies that the European Commission imposed over the last 20 years pursuant to Article 7 (prohibition decisions) and Article 9 (commitments decisions) of Regulation 1/2003. To this end, we collect evidence from a...

In this report we study the implementation and effectiveness of the antitrust remedies that the European Commission imposed over the last 20 years pursuant to Article 7 (prohibition decisions) and Article 9 (commitments decisions) of Regulation 1/2003. To this end, we collect evidence from a...

Im Auftrag des SECO haben wir die Beschwerdeverfahren in Kartellsachen vor dem Bundesverwaltungsgericht (BVGer) umfassend analysiert - erstmals unter Einsatz künstlicher Intelligenz. Unsere Auswertung aller seit 2013 publizierten Urteile zeigt: Die Verfahren dauern im Schnitt über fünf Jahre,...

The Handbook on EU Competition Law - Rules Applicable to Merger Control gives an overview about EU legislation applicable in the field of Merger Control. The new 2010 edition includes the changes introduced by the Lisbon Treaty.

Economic downturns and geopolitical tensions fuel protectionism, leading to trade barriers and competition policy manipulation to restrict FDI deemed harmful to national interests and favor domestic firms. National and international reforms are essential. Given challenges in global cooperation,...

Competition authorities impose substantial penalties on firms engaging in illegal pricefixing. We examine how basing cartel fines on either revenue, profit, or price overcharge influences cartel and market prices, as well as cartel incidence and stability. In an infinitely repeated Bertrand...

The regulatory shift by competition and antitrust authorities, allowing limited industry collusion in sustainability-related investments to align markets with broader environmental and social objectives, suggests a re-evaluation of competition as a mechanism for promoting collective welfare....

For the past decade, U.S. communications policymakers have been debating the need for net-neutrality regulation of "dominant" communications carrier platforms. One of the reasons advanced for regulating these carriers derives from a fear that carriers could reduce competition in the production...

This paper explores algorithmic collusion from both legal and economic perspectives, underscoring the increasing influence of algorithms in firms’ market decisions and their potential to facilitate anti-competitive behaviour. By employing bandit algorithms as a model—typically used in...

Antitrust policy aims to reduce market concentration and increase competition among firms. Contemporary antitrust is sensitive to both domestic and international considerations. Internationally, the market is dominated by the largest firms, raising questions about the competitiveness of domestic...

This study constructs a model of exclusive-offer competition between two existing up-stream firms. Under exclusive-offer competition, the upstream firm's profit depends on the rival's exclusive offer. If the rival makes an exclusive offer acceptable for the downstream firm, the upstream firm is...

The automotive industry is undergoing a fundamental transformation driven by digitization, enabling original equipment manufacturers (OEMs) to exert increasing control over vehicle functions, data, and - consequently - aftersales markets. Despite high relevance for consumers, regulatory scrutiny...

Although citizens value competitive markets and support small businesses, we observe substantial variation in market concentration. Why do politicians abstain from taking action to reduce concentration? We propose an often overlooked political benefit to concentrated markets: When concentration...

Corporate sustainability due diligence (CSDD) is needed in order to achieve a transition towards a green economy and deliver the UN Sustainable Development Goals. Therefore, the Commission proposed the Corporate Sustainability Due Diligence Directive (CSDDD) in 2019. In March 2024, the Council...

Concentrations with EU relevance, depending on their features, may fall under multiple legal regimes. EU/national merger control systems, antitrust rules, the Digital Markets Act, and the Foreign Subsidies Regulation impose (more or less) comprehensive jurisdictional, procedural and substantive...

Following the judgment of the Court of Justice and especially the Opinion of the Advocate General in the CDC Hydrogen Peroxide case, arbitration agreements on disputes concerning damages for infringements of the competition rules of the TFEU have been interpreted as being contrary to the...

Platform pricing may be connected to antitrust risks, which a company can face under excessive or predatory price scrutiny when the platform is recognized as dominant in the market. Since Federal Antitrust Service of Russia (FAS Russia) prefers price-cost comparison when studying excessive or...

Wage-fixing and no-poach agreements generally qualify as restrictions by object under Article 101(1) TFEU. While the pro-competitive effects of such agreements must be considered if demonstrated and significant, net efficiencies are uncertain and less restrictive means of achieving them are...

Antitrust laws prohibit private firms to coordinate their market behavior, yet many types of interfirm cooperation are legal. Using laboratory experiments, we study spillovers from legal cooperation in one market to non-competitive prices in a different market. Our theoretical framework predicts...