Showing 1 - 10 of 621
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 … central features of antitrust policy. Our objective is to foster the improvement of legal regimes and also to identify topics …
Persistent link: https://www.econbiz.de/10014023495
Persistent link: https://www.econbiz.de/10010406293
model scenario with differently informed consumers that MCCs primarily serve as a device to facilitate collusion instead of …
Persistent link: https://www.econbiz.de/10014209748
between competitive and collusive basing-point pricing. We define a measure for the likelihood of collusion that can be used … to screen industries that traditionally apply delivered pricing for the presence of cartels. We operationalize this … screen with a software. The test is hard to beat for cartels using this otherwise elusive form of price-fixing. When a cartel …
Persistent link: https://www.econbiz.de/10011377553
Production costs play a crucial role in competition policy and price regulation. A shared purpose of both policies is to keep prices close to production costs to the benefit of the consumers and of the society as a whole. The problem is that prices are per product and costs are per firm. So, the...
Persistent link: https://www.econbiz.de/10014082759
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 paid...
Persistent link: https://www.econbiz.de/10015135302
place. Both the antitrust laws and state and federal rate regulatory regimes require enforcers to act to maximize consumer …
Persistent link: https://www.econbiz.de/10012849421
algorithms to facilitate explicit and tacit collusion. This Article argues that the policy challenges pricing algorithms pose are … competitive markets and even in the absence of collusion. This consumer harm can be initiated by a single firm employing a … from consumers. Because this consumer harm arises even when firms do not collude, antitrust law can-not solve the problem …
Persistent link: https://www.econbiz.de/10013310934
An important issue in many antitrust lawsuits involving professional sports leagues and their member teams is the …
Persistent link: https://www.econbiz.de/10013150706
model scenario with differently informed consumers that MCCs primarily serve as a device to facilitate collusion instead of … discrimination ; competition ; collusion …
Persistent link: https://www.econbiz.de/10003957044