Search results for "Competition policy"
showing 5 items of 5 documents
Big Data and Antitrust Enforcement
2017
The interaction between information, innovation and market outcomes is shaping the modern digital industries of the 21st century: the business models of search engines, social networks, e-commerce websites and marketplaces are highly reliant on the ability to gather and process large amount of data. At the same time, it is increasingly recognized that the use of Big Data by online platforms and intermediaries has far-reaching consequences not only on economic activity, but also on social and political mechanisms: technological developments affecting information flows affect the organization of markets as well as the nature of individual interactions and the functioning of the political proc…
Anatomy of Cartel Contracts
2013
We study cartel contracts using data on 18 contract clauses of 109 legal Finnish manufacturing cartels. One third of the clauses relate to raising profits; the others deal with instability through incentive compatibility, cartel organization, or external threats. Cartels use three main approaches to raise profits: Price, market allocation, and specialization. These appear to be substitutes. Choosing one has implications on how cartels deal with instability. Simplifying, we find that large cartels agree on prices, cartels in homogenous goods industries allocate markets, and small cartels avoid competition through specialization.
Competition Policy in the Italian Economy: Current Developments and Lines of Action
2016
Presentation to the Italian Parliament of the 2015 Annual Report of the Italian Competition Authority. Rome, 18 June 2015
Competition
2016
The essay provides a rational reconstruction and a critical assessment the different notions of competition elaborated in the course of the history of economic thought. In particular, it focuses on i) Competition as Rivarly in a Race; ii) Competition as a Specific Market Structure; iii) Competition as a Discovery Procedure and, finally, iv) Competition as Class Struggle. Moreover, it briefly discusses some issues concerning competition policy.
The Damage Caused by Anticompetitive Practices. Effective Methods and Techniques of Quantification
2020
Analyzing the impact of competition policy, the effects of anti-competitive practices and the decisions of competition authorities is a constant concern. Thus, public authorities, and especially competition authorities seek to justify the use of public resources to promote competition policy. Business representatives and international bodies seek to standardize competition rules so that they do not harm business development and others. In this regard, there are several methods and techniques applied to quantify the harm caused by anti-competitive practices, the economic effects of competition policy and the intervention of competition authorities proposed by the European Commission, the OEC…