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Your Weekly Digest | Issue 36

Valur Thrainsson
2 min read

Good morning,

This might be a little bit too late, but Happy New Year.

Here below you find the most read articles on CompetitionFeed over the last week.


Sky News

UK forecourt group MFG eyes £2.5bn merger with rival MRH

Motor Fuel Group (MFG), one of Britain's biggest independent petrol retailers, is hatching plans for a £2.5bn merger with MRH GB, a rival operator. Read More.

New York Times

Southwest Airlines Settles Suit but Denies Colluding to Keep Ticket Prices High

The airline said it did nothing wrong but agreed to pay $15 million and provide information to the plaintiffs. Three other airlines are still fighting... Read More.

Competition and Markets Authority

Shoppers could face higher prices due to soft drink merger

The Competition and Markets Authority (CMA) has been carrying out an initial investigation into Refresco’s proposed $1.25 billion (about £935 million) purchase of Cott’s worldwide beverage manufacturing business. Read More.

Antitrust Alert

French Competition Authority Fines a Pharmaceutical Laboratory EUR 25 Million for Anti-Generic Practices

On 20 December 2017, the French Competition Authority (the FCA) imposed a EUR 25 million fine on a pharmaceutical laboratory, for delaying entry onto the market of the generic version of Durogesic, and for hindering its development through a disparagement campaign. No public version of the... Read More.

Microeconomic Insights

Infrastructure investment and regulation: Evidence from the US electricity distribution sector

Most of us are familiar with longstanding problems of crumbling infrastructure – whether it is failing roads and bridges, or old electricity lines that lead to power outages. And we often hear bureaucrats and newly elected politicians promising to fix these problems with new infrastructure... Read More.

HBR

We’re Less Likely to Collaborate in Bad Economic Times

In the fall of 1930, the U.S. economy was on a path to recovery following a contraction that occurred the year before. However, worries about the state of the economy, and the banking system in particular, prompted an increasing number of bank customers to attempt to withdraw their funds, an event known as a bank run. Read More.


Working Paper

Fixed-to-Mobile Substitution: Effects of Mobile Broadband Subscription on Fixed Broadband Termination

Leurcharusmee, Supanika; Sirisrisakulchai, Jirakom; Suriya, Komsan; Keesookpun, Chutipong; Srinuan, Pratompong
The regression analysis shows that mobile broadband subscription has a positive significant effect on the decision to cancel fixed broadband service. As telecom regulations normally target to help users with lower telecom accessibility rather than those with higher level of usage, the higher level of fixed and mobile substitution for individuals with low usage should imply the possibility to unify regulatory framework for fixed and mobile broadband markets. Read More.


Economics Letters

On the examination of non-linear relationship between market structure and performance in the US manufacturing industry

Chaoyi Chen, Michael Polemis, Thanasis Stengosa
This paper attempts to investigate the causal link between market structure and industry performance using a micro panel data set of USA manufacturing industries over the period 1958–2007. We employ a novel panel GMM model strongly accounting for endogenous regressors and threshold variable. The empirical findings denote the existence of a non-monotonic relationship between market structure and total-factor productivity (TFP). Read More.

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Best wishes, CompetitionFeed Team
E-mail: valur@competitionfeed.com

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