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EU Competition Policy, Vertical Restraints, and Innovation : An Analysis from an Evolutionary Perspective
Kerber, Wolfgang - 2014
reasonings, leading to a neglect of the innovation dimension. This article analyses to what extent evolutionary theories of … competition and innovation economics can be used to derive additional new criteria for the assessment of vertical restraints. It … is shown that Neo-Schumpeterian and Hayekian approaches to competition and innovation economics as well as knowledge …
Persistent link: https://www.econbiz.de/10012751687
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Is Amazon the next Google?
Budzinski, Oliver; Köhler, Karoline H. - 2015
Dominant or apparently dominant internet platform increasingly become subject to both antitrust investigations and further-reaching political calls for regulation. While Google is currently in the focus of the discussion, the next candidate is already on the horizon - the ubiquitous online...
Persistent link: https://www.econbiz.de/10011492143
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Is Amazon the next Google?
Budzinski, Oliver; Köhler, Karoline Henrike - 2015
Dominant or apparently dominant internet platform increasingly become subject to both antitrust investigations and further-reaching political calls for regulation. While Google is currently in the focus of the discussion, the next candidate is already on the horizon - the ubiquitous online...
Persistent link: https://www.econbiz.de/10011492570
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Removing geo-blocking : what are the effects on innovation for vertically differentiated goods?
Hamelmann, Lisa; Klein, Gordon J. - 2017
of restricting geo-blocking on the level of innovation of two vertically differentiated goods and on the overall product … sufficiently high, the removal of geo-blocking decreases the level of innovation of the good that is traded. The product quality of …
Persistent link: https://www.econbiz.de/10011778915
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How Do Cartels Use Vertical Restraints? Reflections on Bork's the Antitrust Paradox
Levenstein, Margaret C. - 2015
In The Antitrust Paradox, Robert Bork discusses policy responses to naked and ancillary price fixing as well as vertical restraints. Empirical research finds that vertical restraints are generally welfare-enhancing. We examine cartels that used vertical restraints to support collusion. We find...
Persistent link: https://www.econbiz.de/10013033863
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Economics of Vertical Restraints for Multi-Sided Platforms
Evans, David S. - 2013
This paper presents an overview of what economists can say about vertical constraints by multi-sided platforms at this stage in the development of our knowledge about the economics of these businesses. It describes the general procompetitive and anticompetitive uses of vertical restraints by...
Persistent link: https://www.econbiz.de/10014162200
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The inner workings of a hub-and-spoke cartel in the automotive fuel industry
Chaves, Daniel; Duarte, Marco - 2021
We analyze a hub-and-spoke cartel in the Brazilian automotive fuel industry. Using the court documents and detailed data on the supply chain we uncover three mechanisms beyond information sharing used by wholesalers (hub) to help retailers (spokes) solve the obstacles of price coordination:...
Persistent link: https://www.econbiz.de/10012705135
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Communication in vertical markets : experimental evidence
Möllers, Claudia; Normann, Hans-Theo; Snyder, … - 2016
When an upstream monopolist supplies several competing downstreamfirms, it may fail to monopolize the market because it is unable to commit not to behave opportunistically. We build on previous experimental studies of this well-known commitment problem by introducing communication. Allowing the...
Persistent link: https://www.econbiz.de/10011518962
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Are restrictions of competition by sports associations horizontal or vertical in nature?
Budzinski, Oliver; Szymanski, Stefan - 2014
In this paper, we discuss from an economic perspective two alternative views of restrictions of competition by sports associations. The horizontal approach views such restrictions as an agreement among the participants of a sports league with the sports association merely representing an...
Persistent link: https://www.econbiz.de/10010257231
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Attention to online sales : the role of brand image concerns
Dertwinkel-Kalt, Markus; Köster, Mats - 2020
We provide a novel intuition for why manufacturers restrict their retailers' ability to resell brandproducts online. Our approach builds on models of limited attention according to which pricedisparities across distribution channels guide a consumer's attention toward prices and lower...
Persistent link: https://www.econbiz.de/10012203710