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In this paper we empirically analyse two counterfactual situations facing an anti-trust authority following the merger … independent estimates available. We then use the model to simulate the proposed merger and the partial divestiture that was … to assess the welfare implications of proposed mergers and partial divestitures. …
Persistent link: https://www.econbiz.de/10008728045
A company’s performance significantly depends on how well a company manages its finances keeping in view the short term hurdles and long term goals. One objective of financial statement analysis is to determine firm value. Research suggests that a firm’s value is a function of the...
Persistent link: https://www.econbiz.de/10011258506
This paper deals with the issue of transparency in the pricing process for motor fuels, vis-à-vis the collusion charges between oil companies (for which no evidence is found) and the «myth» of «one» national price for motor fuels. Such an approach ignores both the competition between oil...
Persistent link: https://www.econbiz.de/10011259029
This chapter estimates sustainable coverage and competitive effects of entry for Swiss newspaper sellers which sell composite goods, including a range of other products such as food and near-food items. It utilises the applied entry threshold ratio methodology from Bresnahan and Reiss (1991),...
Persistent link: https://www.econbiz.de/10011259798
Fixed telephony has long been a fundamentally important market for European telecommunications operators. The liberalisation and the introduction of regulation in the end of the 1990s, however, allowed new entrants to compete with incumbents at the retail level. A rapid price decline and a...
Persistent link: https://www.econbiz.de/10011259890
(SIC), by blocking a merger between the two major domestic tobacco companies (Compañía Colombiana de Tabaco S.A. [Coltabaco …] and Productora Tabacalera de Colombia Ltda. [Protabaco]), and subsequently by permitting another merger (Protabaco and …
Persistent link: https://www.econbiz.de/10011107473
This article examines the communities involved in the distribution and sharing of videos on the internet. Firstly, we study the practices connected with user generated content and describe the appearance of new players (YouTube, Dailymotion, Google Video, Zudeo, etc.) in the audiovisual...
Persistent link: https://www.econbiz.de/10005619758
Web 2.0 principles will not only revolutionize the web experience, the design pattern and the business models of software companies. They can indeed be applied to a lot of industries for new approaches to product development. The web can be used to put users in control and co-create better and...
Persistent link: https://www.econbiz.de/10005621349
P2P networks have mainly been used for downloading cultural goods. This sociological research focuses on the practices and norms of users and designers. Drawing on a qualitative survey, it explores the many ways sharing takes place. It looks at P2P networks as file sharing communities and probes...
Persistent link: https://www.econbiz.de/10005623228
This article discusses changes in the U.S. telecommunications market over the last decade and argues that increasing competitive substitution from wireless and internetbased communications has undermined the rationale for conventional monopoly regulation of incumbent local telephone carriers....
Persistent link: https://www.econbiz.de/10005616824