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The impact of local loop and retail unbundling revisited
Klein, Gordon J.; Wendel, Julia - 2014
For more than a decade the unbundling of telecommunications networks has been used as a regulatory means to stifle … affected negatively. In our paper we concentrate on the impact of local loop unbundling and Bitstream access on broadband … penetration. Using a panel of European countries for a time period of 17 years, we find that the effect of unbundling on …
Persistent link: https://www.econbiz.de/10010415528
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The effects of remedies on merger activity in oligopoly
Dertwinkel-Kalt, Markus; Wey, Christian - 2012
We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the antitrust agency applies a consumer surplus standard. Remedies increase the scope for pro table and acceptable mergers, while divestitures to an entrant rm are most effective in this regard. Remedial...
Persistent link: https://www.econbiz.de/10009685029
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Structural remedies as a signalling device
Dertwinkel-Kalt, Markus; Wey, Christian - 2016
We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the Antitrust Agency (AA) cannot observe a proposed merger's efficiency type. Provided the AA follows a consumer surplus standard, an efficient merger type is doomed to over-fix with its divestiture...
Persistent link: https://www.econbiz.de/10011414129
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Competition in Germany's minute reserve power market : an econometric analysis
Haucap, Justus; Heimeshoff, Ulrich; Jovanovic, Dragan - 2012
; Minute Reserve Power ; Regulation ; Productive Efficiency ; Welfare …
Persistent link: https://www.econbiz.de/10009667279
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Access regulation with asymmetric termination costs
Stühmeier, Torben - 2011
incumbent's detriment. -- Termination charges ; Interconnection ; Asymmetric Regulation ; Price Discrimination …
Persistent link: https://www.econbiz.de/10009232382
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The impact of consumer protection in the digital age : evidence from the European Union
Rösner, Anja; Haucap, Justus; Heimeshoff, Ulrich - 2020
We investigate the effect of an EU-wide consumer protection regulation on consumer trust as well as consumer behavior … levels before the introduction of the regulation. This rich data set allows us to apply a difference-in-difference estimator …
Persistent link: https://www.econbiz.de/10012152701
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Search costs in concentrated markets : an experimental analysis
Möllers, Claudia; Stühmeier, Torben; Wenzel, Tobias - 2016
This paper experimentally studies the role of search cost in duopoly markets where sellers may be able to coordinate pricing decisions. We vary the level of search cost and whether sellers can communicate. While we find that consumers are more likely to invest in search when cost is reduced, we...
Persistent link: https://www.econbiz.de/10011555151
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How regulation affects network and service quality in related markets
Haucap, Justus; Klein, Gordon J. - 2012
We analyze how network regulation affects investment into network infrastructure and complementary services. While … regulation negatively affcets investment incentives in the regulated network market, the effects of network regulation on … infrastructure versus service quality. We also find constellations, where regulation can enhance perceived total quality. …
Persistent link: https://www.econbiz.de/10009538676
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Deregulation of shopping hours : the impact on independent retailers and chain stores
Wenzel, Tobias - 2010
This paper studies shopping hour decisions by retail chains and independent competitors. We use a Salop-type model where retailers compete in prices and shopping hours. Our results depend significantly on efficiency differences between retail chain and independent retailer. If the efficiency...
Persistent link: https://www.econbiz.de/10008667635
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What past U.S. agency actions say about complexity in merger remedies, with an application to generic drug divestitures
Emch, Eric R.; Jeitschko, Thomas D.; Zhou, Arthur - 2017
We consider merger remedies of the U.S. Department of Justice's Antitrust Division and the U.S. Federal Trade Commission between 2008 and 2017. Traditionally one distinguishes between structural and behavioral remedies' and structural remedies are generally considered to be more effective and...
Persistent link: https://www.econbiz.de/10011731113