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The welfare implications of vertical mergers have been a subject of disagreement for decades. Similar to horizontal mergers, economists need to weigh the efficiency gains relative to the market power concerns when considering the competitive effects of vertical mergers. However, in vertical...
Persistent link: https://www.econbiz.de/10013370976
Distribution cartels in the automotive sector used to be frequently dismantled and sanctioned by the European Commission and the EU Courts still some 15 years ago. In recent years, however, only a few cases have been reported at the national level of EU Member States. Is it because the...
Persistent link: https://www.econbiz.de/10012817885
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...
Persistent link: https://www.econbiz.de/10015393779
Der Zugriff auf Informationen, die Kronzeugen an die Kartellbehörden übermitteln, kann für Schadensersatzkläger zur Substantiierung ihrer Klagen von Bedeutung sein. Das Informationsbedürfnis der Schadensersatzkläger kollidiert jedoch mit dem Interesse, effektive Kronzeugenprogramme im...
Persistent link: https://www.econbiz.de/10015203193
verhängt werden, nicht gegen das US-Kartellrecht und das europäische Wettbewerbsrecht verstoßen. …
Persistent link: https://www.econbiz.de/10015200942
steht das Kartellrecht – das Rechtsgebiet, das zur Kontrolle marktbeherrschender Unternehmen geschaffen wurde. Die … Bestimmung des im Kartellrecht fundamentalen Begriffes der marktbeherrschenden Stellung steht in der Rechtsanwendung bei … Rechtsökonomie sowie der Rechtsordnungen Deutschlands, der Europäischen Union und der USA. …
Persistent link: https://www.econbiz.de/10015202945
This study constructs a successive Cournot model to investigate the possibility that a separated upstream input supplier can solely sell the intermediate good to a separated downstream manufacturer through an exclusive contract in the presence of a vertically integrated rival. We find that the...
Persistent link: https://www.econbiz.de/10014369528
-amerikanischen Fusionskontrolle miteinbezogen. Erstmals werden zudem Kriterien aufgestellt, die eine verlässliche Abgrenzung derjenigen …
Persistent link: https://www.econbiz.de/10015206673
Antitrust remedies are a central part of the competition policy toolbox. Their actual use and design depends on interrelated factors such as the Antitrust Authority's analytical capabilities, institutional design and bargaining power. Economics can contribute to the design of remedies, using a...
Persistent link: https://www.econbiz.de/10012318070
In an agency model with adverse selection, we study how hidden interactions between agents affect the optimal contract. The principal employs two agents who learn their task environments through their involvement. The principal cannot observe the task environments. It is important to note that...
Persistent link: https://www.econbiz.de/10014443301