Similar Search Results

Market power in the England and Wales wholesale electricity market, 1995 - 2000

Sweeting, Andrew - 2004

This paper shows that generators exercised increasing market power in the England and Wales wholesale electricity market in the second half of the 1990s despite declining market concentration. It examines whether this was consistent with static, non-cooperative oligopoly models, which are widely...

Persistent link: https://www.econbiz.de/10010270402

Asymmetric Collusion and Merger Policy

Ganslandt, Mattias; Persson, Lars; Vasconcelos, Helder - 2007

In their merger control, EU and the US have considered symmetric size distribution (cost structure) of firms to be a factor potentially leading to collusion. We show that forbidding mergers leading to symmetric market structures can induce mergers leading to asymmetric market structures with...

Persistent link: https://www.econbiz.de/10010320098

Multi-market collusion with demand linkages and antitrust enforcement

Choi, Jay Pil; Gerlach, Heiko A. - 2009

This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We show that cartel prosecution can have a knock-on effect: desisting a cartel in one market reduces profits and cartel stability and leads to the break-up of the cartel in the...

Persistent link: https://www.econbiz.de/10010274005

Oligopoly as a socially embedded dilemma: An experiment

Engel, Christoph; Zhurakhovska, Lilia - 2011

From the perspective of competitors, competition may be modeled as a prisoner's dilemma. Setting the monopoly price is cooperation, undercutting is defection. Jointly, competitors are better off if both are faithful to a cartel. Individually, profit is highest if only the competitor(s) is (are)...

Persistent link: https://www.econbiz.de/10010281843

Empirical methods in the analysis of collusion

Paha, Johannes - 2010

Regression methods are commonly used in competition lawsuits for, e.g., determining overcharges in pricefixing cases. Technical evaluations of these methods' pros and cons are not necessarily intuitive. Appraisals that are based on case studies are descriptive but need not be universally valid....

Persistent link: https://www.econbiz.de/10010286407

An experimental contribution to the revision of the guidelines on research and development agreements

Engel, Christoph - 2010

The European Commission is working on a revision of its Guidelines on Research and Development Agreements. On this occasion, this note surveys the existing experimental evidence. Experiments add a number of additional arguments to the normative assessment. R&D agreements have a much smaller...

Persistent link: https://www.econbiz.de/10010286728

Output Commitment through Product Bundling: Experimental Evidence

Hinloopen, Jeroen; Mueller, Wieland; Normann, Hans-Theo - 2011

ABSTRACT: We analyze the impact of product bundling in experimental markets. One firm has monopoly power in a first market but competes with another firm in a second market. We compare treatments where the multiproduct firm (i) always bundles, (ii) never bundles, and (iii) chooses whether or not...

Persistent link: https://www.econbiz.de/10010326151

Die Medienökonomik personalisierter Daten und der Facebook-Fall

Budzinski, Oliver; Grusevaja, Marina - 2017

Preisdiskriminierung. Im Kontext dieser innovativen Unternehmensstrategien können beim Vorliegen von Marktmacht auch neuartige Formen des … Missbrauchs dieser Marktmacht zu Lasten der Nutzer auftreten. So geht beispielsweise derzeit das Bundeskartellamt dem Verdacht … nach, dass der dominierende Anbieter von Soziale-Medien-Dienstleistungen, Facebook, seine Marktmacht missbrauche, indem er …

Persistent link: https://www.econbiz.de/10011713302

Wettbewerb im deutschen Mobilfunkmarkt

Haucap, Justus; Heimeshoff, Ulrich; Stühmeier, Torben - 2010

This paper studies competition in the German market for mobile telecommunications, motivated by recent suggestions that T-Mobile and Vodafone possess a position of collective dominance. Allegedly, their position of joint dominance is secured through a combination of first-mover advantages and...

Persistent link: https://www.econbiz.de/10010302570

Does Antidumping Protection raise Market Power of Domestic Firms? Evidence from Firm Level Data

Konings, Jozef; Vandenbussche, Hylke - 2002

This paper estimates how anti-dumping (AD) protection affects the market power of firms. To this end, we use a rich panel data set of 1,666 EU producers that were involved in AD cases initiated in 1996 to estimate markups of price over marginal cost. Our findings indicate that markups in most...

Persistent link: https://www.econbiz.de/10010313449