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broker therefore strategically sells partial information on consumers in order to soften competition between firms. Extending …
Persistent link: https://www.econbiz.de/10012914903
Concerns about how e-commerce poses a serious threat to the existing competition law regime has been raised by scholars … tacit collusion has emerged as a serious issue. The Indian competition law, like the law in the US or the EU, requires some … by pricing algorithms to the existing legal framework in India, and evaluates whether the existing restriction on …
Persistent link: https://www.econbiz.de/10013249132
Market delineation is a fundamental tool in modern antitrust analysis. However, the definition of relevant markets can be very difficult in practice. This preliminary draft applies a new methodology combining a simple price correlation test with hierarchical clustering -a method known from...
Persistent link: https://www.econbiz.de/10011911873
relatively small size, still faces the challenges of high concentration in services and lack of competition, with only a few …
Persistent link: https://www.econbiz.de/10011599184
This paper examines the relation between audit market competition and audit quality. We use the staggered introduction … threat of competition for incumbent audit firms. Using a generalized difference-in-differences design, we find that the … increased threat of competition induced by the opening of a bullet train route in a city leads to a 6.1 percentage point (pp …
Persistent link: https://www.econbiz.de/10013224031
This paper examines how market competition affects the intensity and breadth of innovation. I assembled a unique … between price competition and innovation. When collusion suppressed price competition, colluding firms increased patent … technology classes increased by 30%. When competition was restored by collusion breakdown, the increased and broadened innovation …
Persistent link: https://www.econbiz.de/10012844444
incumbent sellers sell at higher prices than entrants. This study develops a theory of dynamic pricing that explains these facts … degree of awareness about a seller is endogenous. The equilibrium is unique and efficient, and features randomized pricing …
Persistent link: https://www.econbiz.de/10012850789
-grant competition will diminish such efforts. This is just a special case of the more general claim that a market will be more … asserts that this post-grant market should involve little or no competition, and infers from this that patents should be broad …. However, economists have long debated the relationship between competition and innovation. A leading view among contemporary …
Persistent link: https://www.econbiz.de/10014127918
business model, and competition, result in the platform allowing one type of customers to participate in the platform for free … by the participants on the platform as well as have heightened focus on non-price competition when the participation for … concern a free platform side where there is no monetary measure of value. Finally, dynamic competition makes the analysis of …
Persistent link: https://www.econbiz.de/10014128700
antitrust and EU competition law by (selectively) including state antitrust laws as well as laws that pursue objectives …
Persistent link: https://www.econbiz.de/10014149008