Showing 1 - 10 of 13,002
We propose a simple theory of predatory pricing, based on scale economies and sequential buyers (or markets). The entrant (or prey) needs to reach a critical scale to be successful. The incumbent (or predator) is ready to make losses on earlier buyers so as to deprive the prey of the scale it...
Persistent link: https://www.econbiz.de/10010272465
We propose a simple theory of predatory pricing, based on scale economies and sequential buyers (or markets). The entrant (or prey) needs to reach a critical scale to be successful. The incumbent (or predator) is ready to make losses on earlier buyers so as to deprive the prey of the scale it...
Persistent link: https://www.econbiz.de/10008489586
applies to other price-based forms of exclusion. And is the principle at all useful in the assessment of non …
Persistent link: https://www.econbiz.de/10011277368
I discuss the impact of tying, bundling, and loyalty/requirement rebates on consumer surplus in the affected markets. I show that the Chicago School Theory of a single monopoly surplus that justifies tying, bundling, and loyalty/requirement rebates on the basis of efficiency typically fails....
Persistent link: https://www.econbiz.de/10008774549
-consumer price discrimination; and (iii) inter-product price discrimination, and assess the antitrust liability that these practices … may entail. We also discuss the impact on consumers and competition, as well as potential antitrust liability of bundling …
Persistent link: https://www.econbiz.de/10010938600
empirical assessment whether the current antitrust allegations against F1 may be valid. We employ concentration measures from … conclude that there is merit in starting an in-depth antitrust investigation of Formula One motor racing, which would also …
Persistent link: https://www.econbiz.de/10011492575
This comment addresses the opinion of the Advocate General (AG) of the European Court of Justice on the pending case European Super League versus UEFA/FIFA. It takes a critical perspective on selected aspects of the opinion's reasoning from a (sports) economics perspective. Highlighting the...
Persistent link: https://www.econbiz.de/10013542661
In this paper, we comment on the debate about guidelines for Art. 102 TFEU in the face of the challenges brought by digital ecosystems and abuse of dominance in related markets. We take the perspective of dynamic competition economics and derive four recommendations for the future enforcement of...
Persistent link: https://www.econbiz.de/10014515210
We examine the intersection of patents and antitrust where a patent holder uses the monopoly power it possesses in the … the patented invention. Economic theory suggests that it is inappropriate to immunize a patent holder from antitrust … antitrust principles, courts have found that monopolists could be liable for unlawfully extending their monopoly positions into …
Persistent link: https://www.econbiz.de/10005622684
on antitrust policies has been limited by the complexity of the models and the scarcity of empirical evidence … restraints. Hence, it might strengthen the contributions of academic work to the design and implementation of antitrust policies … of experimental law and economics in antitrust law. Special attention is devoted to vertical integration, exclusive …
Persistent link: https://www.econbiz.de/10011266407