Showing 1 - 10 of 716,722
We study price-cap regulation in a market in which a vertically integrated upstream monopolist sells an essential input … to a downstream competitor. In the absence of regulation, entry benefits both firms, but may be detrimental to downstream …
Persistent link: https://www.econbiz.de/10014122147
-world applicability of results compared to previous analyses. We show that a combined merchant-regulatory regulation, which draws upon a …
Persistent link: https://www.econbiz.de/10011427575
Persistent link: https://www.econbiz.de/10011325809
To date, the distributive implications of incentive regulation on electricity transmission networks have not been … efficiency under price-cap regulation have not yet been identified. To discern these parameters is the motivation for the … price-cap incentive regulation for electricity transmission. We find that a regulator's use of ideal (Laspeyres) weights …
Persistent link: https://www.econbiz.de/10010189844
This paper studies the effect of two regulatory instruments - a price cap and a reference price system - a mandatory substitution rule, and the combination of both on generic competition in a Salop-type model with an off-patent brand-name drug and n differentiated generic versions. The price cap...
Persistent link: https://www.econbiz.de/10010510801
Persistent link: https://www.econbiz.de/10014047236
This article explains the economics and antitrust of bundling. I first show that popular arguments such as demand complementarities, economies of scope, and price discrimination are not sufficient. I then detail potentially anticompetitive factors such as leverage and opacity. I then use simple...
Persistent link: https://www.econbiz.de/10014106369
The analysis reveals that price cap regulation (PCR) as commonly implemented closely approximates atomistic Cournot …
Persistent link: https://www.econbiz.de/10013297983
This Article challenges the various jurisdictional theories that underpin the FCC’s net neutrality regulation. The … crisis squarely in context of the long-standing jurisdictional struggle between regulation and antitrust law. These two …
Persistent link: https://www.econbiz.de/10014182477
Despite the positive effect electricity grids separated from generation and supply by ownership are expected to have on the level of competition in the non-network activities, several EU member states still adhere to a solely legally unbundled transmission grid. This choice might be induced by...
Persistent link: https://www.econbiz.de/10013029089