We set up a model where two retailers compete downstream and buy their inputs from a single producer. Retailers may collude downstream, when fixing the retail price and cooperate upstream by jointly negotiating the wholesale price with the producer. We find that purchase cooperation renders...

This article investigates how antitrust agencies should structure the disclosing of information about effciency gains from interested parties (merging .rms, and competitors) in merger control. We analyze the particular case of a horizontal merger withdanger of foreclosure, where welfare can...

El artículo realiza una revisión de la literatura teórica sobre la forma en que los programas de amnistía o delación compensada afectan la estabilidad de los carteles y permiten su detección y disuasión. Sobre la base de las principales contribuciones, se presenta un modelo unificado que...

Este artículo identifica y analiza las principales barreras a la entrada del mercado aéreo que la literatura considera como relevantes. Adicionalmente, se demuestra que ante la limitación exógena de insumos relevantes para operar en este mercado, la subasta por mayor precio no es el...

This paper studies how the use of divestiture in merger control can affect the revelation of information about the level of efficiency gains that a proposed merger carries. We show that a decision policy that uses costly divestiture as a screening instrument presents superior results respect to...

This paper studies the interaction between regulation and antitrust. We consider a situation where an incumbent provides access to an essential facility and competes downstream with an entrant such that the anticompetitive danger is twofold. First, abusive access charges reduce the benefits of...

Usando un modelo simple de diferenciación de producto se modelan distintos escenarios de desagregación, con y sin regulación de cargos de acceso. En particular, se demuestra que bajo una política de desagregación asimétrica, los beneficios de la firma que no sufre desagregación, pueden...

Chile increased boarding charges for international flights to finance campaigns for promoting the country as a tourist destination and to support a ‘Fight Against Poverty’ fund. We present a comparative review of airport charges in various countries around the world using a...

The article makes a literature review on the theory of Leniency Programs for cartels prosecution. We focus on how these programs affects cartel stability through detection and deterrence. On the base of the main contributions, we build a unified model that allows us to extract the main messages...

Este artículo estudia el impacto del ingreso de la línea aérea GOL, ocurrida a fines de 2006, en las rutas que conectan que conectan Santiago de Chile con cuatro principales ciudades de Sudamérica. GOL es una aerolínea brasileña, siendo la primera en ser denominada como de bajo costo en...