Posted by D. Daniel Sokol Ulrich Heimeshoff and Gordon J. Klein (both Heinrich-Heine-Universitat Dusseldorf) have a new paper on Bargaining power and local heroes. ABSTRACT: Bargaining Power of retailers is an important aspect of discourse in many industrialized countries, including...
Posted by D. Daniel Sokol Wanda Mimra (ETH Zurich, Switzerland), Alexander Rasch (Universitat zu Koln) and Christian Waibel (ETH Zurich, Switzerland) discuss Price competition and reputation in credence goods markets: Experimental evidence. ABSTRACT: In credence goods markets, experts have better...
Posted by D. Daniel Sokol Dezso Szalay (University of Bonn) is Regulating a multiproduct and multitype monopolist. ABSTRACT: I study the optimal regulation of a firm producing two goods. The firm has private information about its cost of producing either...
Uno de los trabajos que más me impresionaron cuando empezaba a leer cosas de Law & Economics fue el de J.H. MULERIN/J.M. NETTER/ J.A. OVERDAHL, "Prices are Property: The organization of Financial Exchanges from a Transaction Cost Perspective", J. L. & Econ, 34 (1991) p 591 ss sobre los mercados de valores. Las bolsas son empresas que produc […]
Manuel Conthe ha publicado un post en su blog de Expansión en el que, con mucha cautela, afirma que el Juez que ha ordenado el ingreso en prisión de Blesa por la adquisición del City National Bank of Florida podría haber cometido dos errores, “sucumbir al "sesgo retrospectivo" (hindsight bias) enjuiciando una decisión tomada en febrero de 2008 con […]
La idea de que la ventaja competitiva de los bancos frente a otros intermediarios financieros se encuentra, precisamente, en que pueden proporcionar liquidez a demanda está explicada con gran claridad en este trabajo A. K. KASHYAP/R. RAJAN/J. C. STEIN, Banks as Liquidity Providers: An Explanation for the Co-Existence of Lending and Deposit-Taking, Los bancos […]
Hogan LovellsHogan Lovells On April 26, 2013, the State Administration for Industry and Commerce (“SAIC“) - one of China’s three antitrust law enforcement bodies - noted on its website that it had held a meeting with certain industry participants to obtain feedback on … Continue reading →• Leave a comment on High tech under scrutiny in China
Hogan LovellsHogan Lovells The Chinese Ministry of Commerce (“MOFCOM“) has stepped up its merger control activities on many fronts in recent weeks, issuing ground-breaking decisions in the Glencore/Xstrata and Marubeni/Gavilon cases and circulating draft procedural rules for public consultation on merger … Continue reading →• Leave a comment on Recent Develo […]
Hogan LovellsHogan Lovells In March 2013, the President of the Polish Office of Competition and Consumer Protection (“OCCP”) published a new draft amendment to the Competition Act. If approved by the Council of Ministers, the draft will be sent to parliament … Continue reading →• Leave a comment on Proposed far-reaching changes to Polish competition law […]
The Chinese Ministry of Commerce (“MOFCOM“) has stepped up its merger control activities on many fronts in recent weeks, issuing ground-breaking decisions in the Glencore/Xstrata and Marubeni/Gavilon cases and circulating draft procedural rules for public consultation on merger remedies and … Continue reading →• Leave a comment on Recent Developments in Chin […]
Richard Wolfram, Esq.Richard Wolfram, Esq. (Note: In December 2012, the Department of Justice and the Federal Trade Commission held a Hearing on the impact of patent assertion entities (PAEs) on innovation and competition and the implications for antitrust enforcement policy. The Agencies … Continue reading →• Leave a comment on A Legal Rationale for Liabi […]
Wolters Kluwer Law & BusinessWolters Kluwer Law & Business FTC Chairwoman Edith Ramirez and William J. Baer, Assistant Attorney General in charge of the Department of Justice Antitrust Division, testified before the Senate Judiciary Committee’s antitrust subcommittee on Tuesday. The hearing, entitled “Oversight of … Continue reading →• Leave a commen […]
May 16, 2013 There used to be a saying that if it looks too good to be true, it probably is. In Australia, it seems, there are no free TVs, or at least not that many. In a curious case posted by the Australian ACCC earlier today (or was that yesterday?), it announced that it [...]
May 14, 2013 In an interesting though not totally unexpected development, the Competition Bureau announced earlier today that it was appealing the Competition Tribunal’s decision in the TREB abuse of dominance case to the Federal Court of Appeal (Commissioner of Competition v. The Toronto Real Estate Board, file no. A-174-13). In dismissing the Bureau’s case […]
May 12, 2013 In one of the most curious Canadian competition related stories that caught my eye last week, many Canadian lobster fishermen in the Maritimes have collectively stopped fishing in an apparent protest over what they say are unfairly low lobster prices. According to media reports (see e.g.: here, here and here), lobster fishermen [...]
Hoy hemos conocido la sentencia del Tribunal General por la que anula en parte la Decisión de la Comisión de 28 de enero de 2009, sobre un cartel en el mercado de las mangueras marinas (para carga de petróleo crudo dulce o procesado y otros productos derivados del petróleo procedentes de instalaciones “offshore” en buques cisterna). En esta Decisión se impus […]
La CNC condena en su resolución del pasado 24 de abril (Expte. SA CAN/0017/11, GUÍAS TURÍSTICOS TENERIFE) a las empresas denunciadas por dos infracciones del artículo 1 de la Ley de Defensa de la Competencia (LDC). En primer lugar, por la fijación de precios y otras condiciones de la prestación de servicios de guía de turismo. Según la resolución de la CNC, […]
La Comisión Europea (CE) acaba de abrir un período de consulta sobre el Proyecto de Reglamento general de exención (RGEC) relativa a las ayudas públicas. Durante este plazo (abierto hasta el 28 de junio) se invita a Instituciones, Administraciones Públicas, ciudadanos, empresas y organizaciones en general a comunicar las observaciones que tengan por convenie […]