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Merger Policy in Digital Markets : An Ex-Post Assessment

Argentesi, Elena - 2020

This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first discuss the most crucial features of digital markets such as network effects, multi-sidedness, big data, and rapid innovation that create important challenges for competition...

Persistent link: https://www.econbiz.de/10012845689

Market Concentration in Europe : Evidence from Antitrust Markets

Affeldt, Pauline Luise; Duso, Tomaso; Gugler, Klaus; … - 2021

many industries around the world since the 1980s. Two major criticisms of these studies is that concentration and market … use a novel database that identifies over 20,000 product/geographic antitrust markets affected by over 2,000 mergers …

Persistent link: https://www.econbiz.de/10013249649

Virtual capacity and competition

Schultz, Christian - 2005

In several European merger cases competition authorities have demanded that the merging firm auctions off virtual capacity. The buyer of virtual capacity receives an option on an amount of output at a pre-specified price, typically equal to marginal cost. This output is sold in the market in...

Persistent link: https://www.econbiz.de/10010261290

Investor-State Dispute Settlement and Multinational Firm Behavior

Schjelderup, Guttorm - 2020

This paper shows that Investor-State Dispute Settlements (ISDS) makes multinational firms more aggressive by increasing cost-reducing investments with the aim to enlarge the potential compensation an ISDS provision may offer. While a larger investment reduces the market distortion, it will also...

Persistent link: https://www.econbiz.de/10012823148

Policy Coordination Under Model Disagreement and Uncertainty

Hefeker, Carsten - 2019

What are the incentives for governments to coordinate their policies internationally when there is model disagreement and uncertainty? We build a model where countries disagree on policy targets and how policies affect the economies, and show that uncertainty not only determines the type of...

Persistent link: https://www.econbiz.de/10012892108

The determinants of election to the United Nations Security Council

Dreher, Axel; Gould, Matthew; Rablen, Matthew; … - 2012

predicts, for instance, World Bank and IMF loans. But who gets elected to the UNSC? Addressing this question empirically is not …

Persistent link: https://www.econbiz.de/10010283619

Private Enforcement, Corruption, and Antitrust Design

Grajzl, Peter; Baniak, Andrzej - 2015

antitrust effectiveness and the need for comparative institutional analyses of antitrust that extend beyond matters of … precluding private antitrust enforcement as one salient choice in antitrust design depends on whether antitrust enforcement is … antitrust lawsuits or incentivizes firms to engage in frivolous litigation. Corruption expectedly reduces the effectiveness of …

Persistent link: https://www.econbiz.de/10011388273

Merger Policy in Digital Markets: An Ex-Post Assessment

Argentesi, Elena; Buccirossi, Paolo; Calvano, Emilio; … - 2019

Persistent link: https://www.econbiz.de/10012179784

Evidence Production in Merger Control: The Role of Remedies

Dertwinkel-Kalt, Markus; Wey, Christian - 2021

. The antitrust agency’s incentives to produce evidence on the efficiency of a merger proposal depend critically on its …

Persistent link: https://www.econbiz.de/10012581978

How Antitrust Enforcement Can Spur Innovation: Bell Labs and the 1956 Consent Decree

Watzinger, Martin; Fackler, Thomas A.; Nagler, Markus; … - 2017

antitrust lawsuit that charged Bell with having foreclosed the market for telecommunications equipment. The decree forced Bell …

Persistent link: https://www.econbiz.de/10011615906