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political subdivisions, U.S. antitrust policy in many ways is more tolerant of public restraints upon business rivalry. Since … available to both public and private enforcers of the U.S. antitrust laws to challenge state-imposed restraints on competition …
Persistent link: https://www.econbiz.de/10014039873
Over the past three decades, antitrust laws have proliferated across the globe. International institutions and … governments have promoted antitrust policy as an important regulatory tool to enhance economic performance. At the same time, we … benefits of greater efficiency, economic prosperity and innovation? In other words, is the adoption of these antitrust laws …
Persistent link: https://www.econbiz.de/10014254619
Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments reveal important insights on individuals acting as firms,...
Persistent link: https://www.econbiz.de/10012886259
reconciled with principles of oligopoly theory. This article (1) presents a fundamental reconceptualization of our understanding …
Persistent link: https://www.econbiz.de/10011810824
Economic analysis of competition regulation is most developed in the domain of horizontal mergers, and modern agency guidelines reflect a substantial consensus on the appropriate template for merger assessment. Nevertheless, official protocols are understood to rest on a problematic market...
Persistent link: https://www.econbiz.de/10012428221
Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments reveal important insights on individuals acting as firms,...
Persistent link: https://www.econbiz.de/10012938866
recently all over the world. The second part traces the history of Pakistan's competition laws, introduces the contemporary …
Persistent link: https://www.econbiz.de/10013066270
Most of the current critical views on American antitrust law focus on a supposed misinterpretation by modern, welfare …-driven antitrust enforcers of the true meaning of the competition principle. The paper contributes to the debate by reconstructing the … Supreme Court during the formative era of antitrust law. Between 1897 and 1911 the Court proposed alternative versions of the …
Persistent link: https://www.econbiz.de/10013230862
The study analyzes the impact of European antitrust enforcement on industry performance measured as competition …, with positive and negative efficiency effects of antitrust enforcement depending on the exclusivity of the vertical …
Persistent link: https://www.econbiz.de/10010338295
adoption of "platform" or "two-sided market" theory in American antitrust, and in theoretical efforts like the one on which it … is based. A rarely discussed idea built in to American antitrust is that, as far as the law is concerned, markets are all … neglect of them is largely responsible for the failure of modern antitrust. I show the serious consequences of that mistake by …
Persistent link: https://www.econbiz.de/10012892397