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Digital antitrust is at the forefront of all expert discussions and is far from becoming an area of consensus among researchers. Moreover, the prescriptions for developed countries do not fit well the situation in developing countries, and namely in BRICS: where the violator of antitrust laws is...
Persistent link: https://www.econbiz.de/10012318062
In this paper, we review the overall micro, small, and medium-sized enterprise landscape in Asia, including the challenges and constraints faced by enterprises in physical (offline) and online markets. We then explore the unique circumstances and externalities that arise due to the special...
Persistent link: https://www.econbiz.de/10014432249
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...
Persistent link: https://www.econbiz.de/10015394397
Could identical goods sold by the same company on the same territory and at the same time be attributed to different product markets? In our paper we take a closer look at the case of the wrought-steel wheel industry, which became the subject of an antitrust investigation initiated by the FAS...
Persistent link: https://www.econbiz.de/10015394241
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...
Persistent link: https://www.econbiz.de/10015433443
China has made significant achievements in enforcing its 2008 Anti-Monopoly Law (AML) during the past twelve years. We … review the application of economics by the China's competition law enforcers and courts in dealing with antitrust cases. We … in its AML enforcement is consistent with international best practice, China can benefit from further raising the …
Persistent link: https://www.econbiz.de/10012318056
Micro, small, and medium-sized enterprises (MSMEs) are recognized as crucial drivers of economic development, particularly in low- and middle-income countries. The advent of digital platforms, characterized by economies of scale and significant cross-network externalities in two-sided markets,...
Persistent link: https://www.econbiz.de/10014432246
The objectives of competition policy and the application of competition law need defining and redefining along with changing structures of the economy and the maturing of the competition authority. Market structures associated with digital technology and globalization are often not in consonance...
Persistent link: https://www.econbiz.de/10012318067
Platform power is a societal concern on many levels. Thus, we argue that addressing it with the common market competition approach is limited. The research we present aims to develop and test an alternative approach to conceptualising and assessing platform power. We propose a framework that...
Persistent link: https://www.econbiz.de/10012300397
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