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This report argues in favour of an economics-based approach to Article 82, in a way similar to the reform of Article 81 and merger control. In particular, we support an effects-based rather than a form-based approach to competition policy. Such an approach focuses on the presence of...
Persistent link: https://www.econbiz.de/10010333874
This report argues in favour of an economics-based approach to Article 82, in a way similar to the reform of Article 81 and merger control. In particular, we support an effects-based rather than a form-based approach to competition policy. Such an approach focuses on the presence of...
Persistent link: https://www.econbiz.de/10010427440
Der angekündigte mehrheitliche Verkauf des Discounters "Plus" würde der Konzentration im deutschen Einzelhandel einen neuen Schub verleihen. Die oft vorgebrachte These, dass ein Ausscheiden kleinerer Wettbewerber langfristig auch den Konsumenten schadet, ist allerdings rein spekulativ. Dieser...
Persistent link: https://www.econbiz.de/10011601758
Based on a unique dataset of legislative changes in industrial countries, we identify events that strengthen the competition control of mergers and acquisitions, analyze their impact on banks and non-financial firms and explain the different reactions observed with specific regulatory...
Persistent link: https://www.econbiz.de/10010298387
There is a long-standing debate about the special nature of banks. Based on a unique dataset of legislative changes in industrial countries, we identify events that strengthen competition policy, analyze their impact on banks and non-financial firms and explain the reactions observed with...
Persistent link: https://www.econbiz.de/10011604832
politischer Macht sowie zwischen Marktmacht im engeren Sinne und Macht als Folge von Unternehmensgröße (Skalenmacht) zur … Diskussion gestellt. Eine Synthese der historischen Literatur über Marktmacht in Österreich dokumentiert die mangels empirischer … damit die Grundlage für eine aktuelle Einschätzung der Entwicklung von Marktmacht österreichischer Unternehmen im …
Persistent link: https://www.econbiz.de/10014000390
heterogene Preisbildung und betriebliche Marktmacht verursachten Verzerrung. Das Bereinigungsverfahren wird aus einem …
Persistent link: https://www.econbiz.de/10010317626
Industry concentration and markups in the US have been rising over the last 3- 4 decades. However, the causes remain largely unknown. This paper uses machine learning on regulatory documents to construct a novel dataset on compliance costs to examine the effect of regulations on market power....
Persistent link: https://www.econbiz.de/10014000456
We propose a theory of how market power affects wage inequality. We ask how goods and labor market power jointly affect the level of wages, the Skill Premium, and wage inequality. We then use detailed microdata from the US Census between 1997 and 2016 to estimate the parameters of labor supply,...
Persistent link: https://www.econbiz.de/10014480568
High market concentration in the Philippine domestic shipping industry has always been a subject of concern among policymakers and researchers. While many reforms aimed at improving the level of competition in the industry have been implemented since the 1990s, studies show that domestic...
Persistent link: https://www.econbiz.de/10014485153