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We study the timing of leniency applications using a novel application of multi-spell discrete-time survival analysis for a sample of cartels prosecuted by the European Commission between 1996 and 2014. The start of a Commission investigation does not affect the rate by which conspirators apply...
Persistent link: https://www.econbiz.de/10011435719
We study the welfare effects of non-binding advance price announcements. Applying a differentiated Bertrand model with horizontal products and asymmetric information, we find that such announcements can help firms to gain information on each other thereby allowing them to achieve higher profits....
Persistent link: https://www.econbiz.de/10011316431
, especially in large rivals. The effect is present however only in countries with an effective antitrust enforcement and low …
Persistent link: https://www.econbiz.de/10011730845
We analyze the effects of antitrust and leniency programs in a repeated oligopoly model outlined in Motta and Polo … comparison of our results to the earlier results we come to a number of novel conclusions. Firstly, antitrust enforcement in the …
Persistent link: https://www.econbiz.de/10014191959
We study the welfare effects of non-binding advance price announcements. Applying a differentiated Bertrand model with horizontal products and asymmetric information, we find that such announcements can help firms to gain information on each other thereby allowing them to achieve higher profits....
Persistent link: https://www.econbiz.de/10013015315
reached with the party practicing the patent. The PAE phenomenon has prompted suggestions that the antitrust laws be applied …-tech sector.We conclude there is no evidence at this point that PAEs create a new or unique antitrust problem, that their business … model warrants more or less scrutiny than others as a matter of antitrust analysis, or that competition enforcement agencies …
Persistent link: https://www.econbiz.de/10013025177
damages remedy provided by antitrust or some other body of law solves this hold-up problem, inducing the socially optimal …
Persistent link: https://www.econbiz.de/10013068804
for higher probabilities of social harm. Patent and antitrust policies act as substitutes in our setting; additional room …
Persistent link: https://www.econbiz.de/10013086503
In a companion note (Antitrust vs. Sector-specific Regulation in Telecom: What Works Best?), we argued that while the … full liberalization of telecommunications markets provides scope for relying to a large extent on general antitrust rules … Zealand which fully liberalized its telecommunications markets in the late 1980's and relied primarily on antitrust …
Persistent link: https://www.econbiz.de/10014059514
dominant firm and the application of the essential facility doctrine. We apply the test to a specific antitrust case regarding …
Persistent link: https://www.econbiz.de/10014059920