Determining the daily accommodation price that customers pay per night is essential for hotel managers. The price changes for different reasons: demand, competition price, prices for groups, holidays or days with a major event in the city, and customer satisfaction. In this research, we evaluate...

Determining the daily accommodation price that customers pay per night is essential for hotel managers. The price changes for different reasons: demand, competition price, prices for groups, holidays or days with a major event in the city, and customer satisfaction. In this research, we evaluate...

Developing countries in the ‘south’ typically have a greater prevalence of entrenched dominant firms than economies of the large open economies of the north. This is due to various factors including scale and network economies relative to the size of the local markets, compounded by...

Following a comparative perspective, we assess the abuse of dominance provisions in competition law in Chile and South Africa. Unlike the institutional structure, that is similar in both countries, the legal provisions proscribing anti-competitive arrangements and conduct differ substantially....

Government regulation in markets is ubiquitous and takes many forms. In this paper we are concerned with two forms of such intervention- economic regulation and competition law and policy - and their relationship within the context of EU regulated markets (i.e. energy, telecommunications, water,...

The excessive discretion of Chile’s public authorities to set fines in competition matters may and should be restricted —from both a qualitative and a quantitative perspective. This work focuses on the latter aspect. Avoiding a ‘mechanical’ approach, it proposes a four-stage methodology...

Developing countries in the 'south' typically have a greater prevalence of entrenched dominant firms than economies of the large open economies of the north. This is due to various factors including scale and network economies relative to the size of the local markets, compounded by transport...

This note briefly describes the Chilean competition authority’s (FNE) new guide on competition law compliance programs. It highlights the focus of the Guidance on the elements of an effective program and observes that the FNE considers companies’ compliance programs in its recommendations...

This work analyses whether there are reasons for regulators to control the capital structures of utilities firms. That control is commonly seen as a suitable ex-ante form of prevention of financial distress. The case of UK utilities is used as case study. It is shown that various concerns...

This work (written in Spanish) summarises the most important aspects of the international literature on cartels and coordinated behaviour; provides some insights from Chilean practice; and proposes some policy options. Part I analyses general aspects of coordinated behaviour, from both legal and...