Here below you find the most read articles on CompetitionFeed over the last week.
WASHINGTON — The Justice Department on Monday laid out its case against a federal court’s approval of the AT&T and Time Warner merger, criticizing a judge for “erroneously ignoring fundamental principles of economics and common sense.” Read More.
The Bureau of Competition has undertaken several initiatives to streamline our merger review process in order to reach swifter resolutions—whether that be clearance, a negotiated settlement, or a lawsuit. As part of these efforts, we are announcing a new Model Timing Agreement for the Bureau’s merger reviews. Read More.
This blog focuses on the potential impact on future supply relationships between heat suppliers and customers and how operators/suppliers may need to adjust their current arrangements. Read More.
The second quarter of 2018 ushered in a trial defeat for the US Department of Justice (DOJ) and the beginning of a new era at the Federal Trade Commission (FTC). Read More.
Now that the dust has cleared on the European Commission’s (EC) decision on Android, it is worth taking another look at how the EC has characterized Google’s misconduct. Read More.
The Berlin Wall provides a unique natural experiment for identifying the key sources of urban development. Read More.
Pedro Pita Barros, Duarte Brito and Helder Vasconcelos
- We study the es of mergers between producers of complements.
- In our model, consumers need two components to make up a system.
- Two vertically dintiated producers sell one component and a monopolist sells the other.
- A merger involving the low quality producer of one component with the monopolist may decrease both consumers’ surplus and welfare.
- This merger can endogenously occur. Read More.
Cuihong Fan, Byoung Heon Jun, Elmar G.Wolfstetter
• We consider licensing of technology by an incumbent firm in a Cournot oligopoly. • Focusing on how competition among licensees shapes optimal license contracts. • Relaxing standard assumption about demand, cost profiles, and the number of licenses. • We compare license contracts with standard and menu license auctions. • We design a dynamic mechanism that extracts the maximum surplus. Read More.
M. Grajek, K. Gugler, T. Kretschmer, I. Miscisi
This paper studies five mergers in the European wireless telecommunication industry and analyzes their impact on prices and capital expenditures of both merging carriers and their rivals. Read More.
Featuring regular cut-through interviews with leading thinkers, movers and shakers, Competition Lore is a podcast series that engages us all in a debate about the transformative potential and risks of digitalised competition. Read More.
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Best wishes, CompetitionFeed Team
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