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We study Israel’s “price rounding regulation” of January 1, 2014, which outlawed non-0-ending prices, forcing retailers to round 9-ending prices, which in many stores comprised 60%+ of all prices. The regulation’s goals were to eliminate (1) the rounding tax—the extra amount consumers...
Persistent link: https://www.econbiz.de/10015214476
analysis of the current federal antitrust legislation and its shortcomings. The new legislation must tackle the following main … mergers to market structures, and establishment of appropriate antitrust institution (commission), with precisely defined … for the provision of the actual antitrust legislation ... …
Persistent link: https://www.econbiz.de/10015257546
antimonopolsku politiku. English Abstract: The paper deals with the actual antitrust policy in FR Yugoslavia. Market structures of … structures are far from competitive, the relevance of antitrust policy is stressed. The institutional aspect of the actual … antitrust policy (both Federal and Serbian) is examined, particularly regarding applied procedures and criteria. It is …
Persistent link: https://www.econbiz.de/10015257696
We compare the prevailing system of compulsory pre-merger notification with the Australian system of voluntary pre-merger notification. It is shown that, for a non-trivial set of parameter values, a perfect Bayesian equilibrium exists in mixed strategies in which the regulator investigates...
Persistent link: https://www.econbiz.de/10015215692
Monopolists selling complementary products charge a higher price in a static equilibrium than a single multiproduct monopolist would, reducing both the industry profits and consumer surplus. However, firms could instead reach a Pareto improvement by lowering prices to the single monopolist...
Persistent link: https://www.econbiz.de/10015260046
In May 2018, hundreds of websites located outside the European Union (EU), including USAToday.com, became completely or partially unavailable to EU citizens as a number of publishers decided to comply with an EU data protection regulation (GDPR) by blocking access. Several of the sites that...
Persistent link: https://www.econbiz.de/10015269828
perceived to be ingrained, namely targeted amnesties. With a general election and other ‘more pressing’ issues, the proposal has …, including a proposal from the author to consider incorporating targeted amnesties within the existing Industry Partnerships … that is ingrained in some industry groups it makes no direct links between the targeted amnesties proposal with the IRD …
Persistent link: https://www.econbiz.de/10009441778
We study sequential auctions in which bidders demand multiple units. We collect a novel data set on sequential water auctions for the empirical study. Although water units are identical, two features from the empirical setting create a trade-off whereby units of water end up being complements or...
Persistent link: https://www.econbiz.de/10015213504
Price discrimination has substantial social and policy implications and has received attention in the literature. However, prior research on input price discrimination has largely been limited to single-input situations. We explore the strategic desirability of uniform pricing, fill gaps in the...
Persistent link: https://www.econbiz.de/10015213578
In a vertical market, the price of the final good is high if a seller has strong bargaining power. Thus, a policy that strengthens the bargaining power of sub-suppliers may be desirable from a fairness perspective while undesirable from an efficiency perspective. We consider a vertical market...
Persistent link: https://www.econbiz.de/10015214155