Antitrust & Competition Policy Blog
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Get information concerning antitrust & competition at Law Professor Blogs Network. It is the nation's only network of legal blogs edited primarily by law professors. Editors include leading scholars and educators who are committed to providing the web source of legal news, information, commentary, and analysis for law professors, practitioners, government and nonprofit lawyers, and..
Antitrust & Competition Policy Blog
20h ago
Regulation of Algorithmic Collusion By: Jason D. Hartline; Sheng Long; Chenhao Zhang Abstract: Consider sellers in a competitive market that use algorithms to adapt their prices from data that they collect. In such a context it is plausible that algorithms ..read more
Antitrust & Competition Policy Blog
20h ago
The Anatomy of Concentration: New Evidence From a Unified Framework By: Kenneth R. Ahern; Lei Kong; Xinyan Yan Abstract: Concentration is a single summary statistic driven by two opposing forces: the number of firms in a market and the evenness ..read more
Antitrust & Competition Policy Blog
3d ago
Deterrence in Merger Review: Likely Impacts of Recent U.S. Policy Changes Luke M. Froeb Vanderbilt University - Owen Graduate School of Management Steven Tschantz Vanderbilt University - Department of Mathematics Gregory J. Werden Independent; George Mason University - Mercatus Center ..read more
Airline delays, congestion internalization and non-price spillover effects of low cost carrier entry
Antitrust & Competition Policy Blog
6d ago
Airline delays, congestion internalization and non-price spillover effects of low cost carrier entry By: William E. Bendinelli; Humberto F. A. J. Bettini; Alessandro V. M. Oliveira Abstract: This paper develops an econometric model of flight delays to investigate the influence ..read more
Antitrust & Competition Policy Blog
1w ago
Do larger firms exert more market power? Markups and markdowns along the size distribution By: Mertens, Matthias; Mottironi, Bernardo Abstract: Several models posit a positive cross-sectional correlation between markups and firm size, which characterizes misallocation, factor shares, and gains from ..read more
Antitrust & Competition Policy Blog
1w ago
Search Engine Competition By: Daniel Garcia Abstract: This paper studies a model of search engine competition with endogenous obfuscation. Platforms may differ in the quality of their search algorithms. I study the impact of this heterogeneity in consumer surplus, seller ..read more
Antitrust & Competition Policy Blog
1w ago
Market power and innovation in the intangible economy By: De Ridder, Maarten Abstract: This paper offers a unified explanation for the slowdown of productivity growth, the decline in business dynamism, and the rise of market power. Using a quantitative framework ..read more
Antitrust & Competition Policy Blog
1w ago
Taking over the World? Automation and Market Power By: Haarburger, Richard; Stemmler, Henry Abstract: This paper studies how automation technology affects market power in the global economy. We develop a theoretical model in which firms' markups are endogenous to factor ..read more
Antitrust & Competition Policy Blog
2w ago
Structural Change and the Rise in Markups By: Ricardo Marto Abstract: Is the recent rise in markups caused by increased monopoly power or is it a natural consequence of structural change? I show that the rise in aggregate markups has ..read more
Antitrust & Competition Policy Blog
2w ago
How the Consumer Welfare Standard Solves the Monopoly Prisoner’s Dilemma: A Micro-in- Macro Analysis of Market Institutions Fabrizio Esposito CEDIS - Nova School of Law Gianmaria Pessina Independent Abstract This article delves into the ongoing conflict between the total welfare ..read more