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Persistent link: https://www.econbiz.de/10011553962
. This development is documented by various research papers, high-level exchanges between antitrust experts as well as an …
Persistent link: https://www.econbiz.de/10010299843
We analyze a large merger in the Dutch banking market during the financial crisis using disaggregated data. Based on a merger simulation model, we evaluate merger-induced changes in the interest rates for savings accounts. We find that the merging banks decreased interest rates by 3 to 5 percent...
Persistent link: https://www.econbiz.de/10012119076
. This development is documented by various research papers, high-level exchanges between antitrust experts as well as an …
Persistent link: https://www.econbiz.de/10008474669
Due to being much better documented, legal cartels have recently attracted the interest of many researchers who aim to … understand the functioning of illegal cartels in detail. This paper contributes to the question of what we can learn from legal … cartels by taking a closer look at the cement industry which has a rich history of both legal and illegal cartels. We …
Persistent link: https://www.econbiz.de/10011335346
contracts, we comprehensively document different collusion methods along the lines described by Stigler (1964). Quota cartels …Cartels were legal to a large extent in Austria until the country's EU Accession in 1995. We examine archival material … on registered horizontal cartels to learn about their inner working. Applying content analysis to legally binding cartel …
Persistent link: https://www.econbiz.de/10011393273
We provide a comprehensive quantitative assessment of cartels and the related cartel enforcement process in the …
Persistent link: https://www.econbiz.de/10011541335
We analyze the effects of downstream firms' acquisition of pure cash flow rights in an efficient upstream supplier when all firms compete in prices. With an acquisition, downstream firms internalize the effects of their actions on their rivals' sales. Double marginalization is enhanced. Whereas...
Persistent link: https://www.econbiz.de/10010308299
Due to potential abuse of the market power at wholesale and retail market level for natural gas the Federal Cartel Office in Germany prohibited further forward integration of gas importing firms with retail incumbents from 2005/2006 to 2010. The Authority argued that the very few dominant gas...
Persistent link: https://www.econbiz.de/10010310689
The paper estimates the effects of entry by low-cost carrier JetBlue Airways in long-haul domestic U.S. airline markets. For the period from 2000 to 2009, we find that non-stop fares were on average about 21 percent lower post-entry; however, the magnitude of the price effect depends on the...
Persistent link: https://www.econbiz.de/10010310859