Similar Search Results

Demand growth, entry and collusion sustainability

Capuano, Carlo - 2002

Persistent link: https://www.econbiz.de/10001710403

The Merger Paradox, Collusion and Competition Policy

Garcia, Filomena; Paz y Miño, Jose Manuel; Torrens, Gustavo - 2020

This paper develops a model that formalizes several connections between mergers, collusion and competition policy. In equilibrium, firms may merge to make collusion sustainable when it cannot be sustained with the original set of firms. A rise in the probability of detecting and prosecuting...

Persistent link: https://www.econbiz.de/10014110460

Demand Growth, Entry and Collusion Sustainability

Capuano, Carlo - 2002

The purpose of this paper is to represent in which way a stable and no negligible growth in demand can affect the level of sustainability of collusion. For the European Commission this assumption is seen as a factor that disincentives collusion and pushes to a competitive behavior. This fact...

Persistent link: https://www.econbiz.de/10014110753

Chapter 15 Antitrust

Kaplow, Louis; Shapiro, Carl - In: Handbook of law and economics : volume 2, (pp. 1073-1225). 2007

This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...

Persistent link: https://www.econbiz.de/10014023495

Demand growth, entry and collusion sustainability

Capuano, Carlo - 2002

Persistent link: https://www.econbiz.de/10011597631

The Dynamics of Mergers Among (Ex)Co-Conspirators in the Shadow of Cartel Enforcement

Marx, Leslie M.; Zhou, Jun - 2014

We investigate cartelists’ merger behavior using European Commission (EC) cartel decisions over a 28-year span and … few particular industries and usually include only a minority of the cartel participants. The EC’s leniency programs … expedite mergers. The EC’s cartel settlement procedure delays merger. After cartel dissolution, co-conspirators merge at a …

Persistent link: https://www.econbiz.de/10014147170

The Dynamics of Mergers among (Ex)Co-Conspirators in the Shadow of Cartel Enforcement

Marx, Leslie M.; Zhou, Jun - 2015

We investigate cartelists' merger behavior using European Commission (EC) cartel decisions over a 28-year span and … in a few particular industries and usually include only a minority of the cartel participants. The EC's leniency program … appears to expedite mergers, while the EC's cartel settlement procedure appears to delay mergers. After cartel dissolution, co …

Persistent link: https://www.econbiz.de/10014147493

Chapter 6. Merger Policy and Regulation in Media Industries

Foros, Øystein; Kind, Hans Jarle; Sørgard, Lars - 2015

The aim of this chapter is to survey the media economics literature on mergers. In particular, we try to accentuate where the effects of mergers differ between conventional one-sided markets and two-sided media markets (though not all media mergers are within two-sided markets). We focus on...

Persistent link: https://www.econbiz.de/10014025247

Merger policy in a quantitative model of international trade

Breinlich, Holger; Nocke, Volker; Schutz, Nicolas - 2016

In a two-country international trade model with oligopolistic competition, we study the conditions on market structure and trade costs under which a merger policy designed to benefit domestic consumers is too tough or too lenient from the viewpoint of the foreign country. Calibrating the model...

Persistent link: https://www.econbiz.de/10011481156

Heterogeneous merger impacts on competitive outcomes

Siebert, Ralph - 2017

Mergers realize heterogeneous competitive effects on profits, production, and prices. To date, it is unclear whether differential merger outcomes are caused mostly by firms' technology or product market attributes. Furthermore, empirical merger studies conventionally assume that, conditional on...

Persistent link: https://www.econbiz.de/10011717038