Since its founding in 1995 Amazon has become a leader in eCommerce, cloud computing services, and interactive devices for individuals and homes. In this study, we document the critical steps in Amazon's development in each line of business. Our review yields insights on (i) how Amazon responded...

Entry in a homogeneous Cournot-oligopoly is excessive if there is business stealing. This prediction assumes that production costs reduce profits and welfare equally. However, this need not be the case. If there is asymmetric information, suppliers or employees can utilize their superior...

This paper empirically analyzes the effects of competition on price and non-price dimensions on the example of superstore entries. Using a rich retail panel from 2006 to 2016 and a data set documenting locations and opening dates of superstores, allows to identify competitive effects with the...

The Department of Justice and Federal Trade Commission are considering changes to the Horizontal and Vertical Merger Guidelines and have asked whether the current guidelines “underemphasize or neglect … potential competition.” Whether potential competition is underemphasized in the merger...

Ambitious plans to decarbonise electricity will require high levels of variable renewable electricity (VRE). At high VRE penetration, the surplus that cannot be exported must be curtailed. Marginal curtailment is 3-4+ times average curtailment for wind, higher for solar PV, but even in...