We consider dynamic competition among platforms in a market with network externalities. A platform that dominated the … the focal platform whenever such equilibrium exists. Yet when faced with higher-quality competition, can a low …

We study the dynamics of competition in a model with network effects, an incumbent and entry. We propose a new way of …

After numerous attempts over more than a decade, the Philippine government finally enacted a comprehensive competition … law, the Philippine Competition Act (Republic Act 10667) in July 2015. Before this breakthrough legislation, competition … of the law is only the first step. Much needs to be done to establish a truly working competition policy, including …

Regulation and competition policy are two alternative modalities by which the state intervenes in the market. In order … those where competition policy works better (market power-based failures such as an artificial monopoly or cartel). We also … various industrial organizations (monopoly, duopoly, Walrasian limit) under the symmetric Cournot competition. We also deal …

We analyze the competition in bonus taxation when banks compensate their managers by means of fixed and incentive pay … maximize their private benefits of existing government bailout guarantees. In this setting the international competition in …

Traditional bank competition policy seeks to balance efficiency with incentives to take risk. The main tools are rules … seek to affect the degree of competition by focusing on market structure (i.e. concentration) may have limited effect. We … argue that bank competition policy should be reoriented to deal with the too-big-to-fail (TBTF) problem. It should also …

position in the market that was included in the competition rules of the Rome Treaty establishing the European Economic …) ordoliberals. Thirdly, it is explained how ordoliberal thinking about the "system of undistorted competition" and the protection of … "residual competition against exclusionary practices" has influenced the application of the "abuse" concept in the jurisprudence …