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Download or read book Sequential Versus Simultaneous Market Delineation written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Niels Haldrup
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)
Download or read book Sequential Versus Simultaneous Market Delineation written by Niels Haldrup and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Delineation of the relevant market constitutes a pivotal part of most antitrust cases. The standard analysis utilizes a sequential approach. First, the product market is delineated; then the geographical market is defined. Demand and supply substitution in both the product dimension and the geographical dimension will normally be stronger than substitution in either dimension. By ignoring this, one might decide first to define products narrowly and then define the geographical extent narrowly, ignoring the possibility of a diagonal substitution. These reflections are important in the empirical delineation of product and geographical markets. Using a unique dataset for prices of Norwegian and Scottish salmon, we propose a methodology that allows for simultaneous market delineation. We then show that market delineation may depend on the choice of method: a simultaneous method reverses the conclusions of a sequential approach as regards the delineation of the market for Atlantic salmon in Europe.
Author : Niels Haldrup
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (871 download)
Download or read book Working Paper written by Niels Haldrup and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Niels Haldrup
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (474 download)
Download or read book Sequential Versus Simultaneous Market written by Niels Haldrup and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Delineation of the relevant market forms a pivotal part of most antitrust cases. The standard approach is sequential. First the product market is delineated, then the geographical market is defined. Demand and supply substitution in both the product dimension and the geographical dimension will normally be stronger than substitution in either dimension. By ignoring this one might decide first to define products narrowly and then to define the geographical extent narrowly ignoring the possibility of a diagonal substitution. These reflections are important in the empirical delineation of product and geographical markets. Using a unique data set for prices of Norwegian and Scottish salmon, we propose a methodology for simultaneous market delineation and we demonstrate that compared to a sequential approach conclusions will be reversed. JEL: C3, K21, L41, Q22 Keywords: Relevant market, econometric delineation, salmon.
Author : Miguel Sousa Ferro
Publisher : Edward Elgar Publishing
ISBN 13 : 1788118391
Total Pages : 522 pages
Book Rating : 4.7/5 (881 download)
Download or read book Market Definition in EU Competition Law written by Miguel Sousa Ferro and published by Edward Elgar Publishing. This book was released on 2019 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: The maintenance of a fair, competitive market among member states is critical to the functioning of the EU economy. In this book, the first comprehensive, unifying view of market definition, Miguel Ferro adeptly explores the different economic-legal issues that arise in EU competition law.
Author : Ulrich Schwalbe
Publisher : Oxford University Press
ISBN 13 : 0199571813
Total Pages : 477 pages
Book Rating : 4.1/5 (995 download)
Download or read book Law and Economics in European Merger Control written by Ulrich Schwalbe and published by Oxford University Press. This book was released on 2009-10 with total page 477 pages. Available in PDF, EPUB and Kindle. Book excerpt: Co-written by an expert lawyer and economist, this book provides a thorough guide to the economic theory behind the regulation of mergers. The economic theory is then used to analyse the current state of European competition law, and test the success of the European Commission's search for a 'more economic approach' to merger regulation.
Author : Alistair Lindsay
Publisher : Sweet & Maxwell
ISBN 13 : 041404844X
Total Pages : 849 pages
Book Rating : 4.4/5 (14 download)
Download or read book The EU Merger Regulation written by Alistair Lindsay and published by Sweet & Maxwell. This book was released on 2012 with total page 849 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the 4th edition of The EC Merger Regulation - a detailed guide to the method of merger control in the European Union. Fully revised for 2012, this comprehensive text describes how the European Commission determines approval of a notified merger, thereby providing information and techniques to complete merger deals successfully for companies operating in the European Union
Author : Roger van den Bergh
Publisher : Intersentia nv
ISBN 13 : 9050951619
Total Pages : 617 pages
Book Rating : 4.0/5 (59 download)
Download or read book European Competition Law and Economics written by Roger van den Bergh and published by Intersentia nv. This book was released on 2001 with total page 617 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this book is to explore the economic fundamentals of European competition law.
Author : Kai Hüschelrath
Publisher : Springer Science & Business Media
ISBN 13 : 3790820903
Total Pages : 532 pages
Book Rating : 4.7/5 (98 download)
Download or read book Competition Policy Analysis written by Kai Hüschelrath and published by Springer Science & Business Media. This book was released on 2008-09-08 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition policy is an integral and prominent part of economic policy-making in the European Union. The EU Treaty prescribes its member states to conduct economic policy ‘in accordance with the principle of an open market economy with free competition’. More precisely, the goal of EU competition policy is “to defend and develop effective competition in the common market” (European Commission, 2000: 7). Under its Commissioners van Miert, Monti and, most - cently, Kroes the EU Commission has stepped up its effort to pursue and achieve the aforementioned goal. A number of so-called hard-core cartels, such as the - torious “vitamin cartel” led by Roche, have been detected, tried in violation of Art. 81 of the Maastricht Accord and punished with severe fines. Also Microsoft was hit hard by the strong hand of the Commission having been severely fined for - ploiting a dominant market position. Economic analysis has been playing an increasingly significant role in the Commission’s examination of competition law cases. This holds true in particular for merger control. Here, however, the Commission has had to accept some poi- ant defeats in court, such as the Court’s reversals of Airtours-First Choice or GE- Honeywell. Among other things, the European Court of Justice found the e- nomic analysis as conducted by the EU’s Directorate General for Competition to be flawed and the conclusions drawn not to be convincing. These rejections by the courts have stirred up the scholarly debate on the conceptual foundations of Eu- pean competition policy.
Author : Great Britain. Competition Commission
Publisher : Stationery Office Books (TSO)
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.:/5 (891 download)
Download or read book Pan Fish ASA and Marine Harvest NV written by Great Britain. Competition Commission and published by Stationery Office Books (TSO). This book was released on 2006 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Commission's report examines the impact of the proposed merger on the UK market for fresh farmed Atlantic salmon produced within Europe, where the combined market share of the merging parties would be 37 per cent. It focuses particularly on whether the parties might be able to restrict output in such a way as to increase prices and thereby profits, or to exploit those customers with a strong preference for Scottish Salmon by raising prices through a process of price discrimination; as well as whether the merger might damage competition in related markets, such as those for juvenile salmon or salmon feed. The report concludes that the merger is not expected to result in a substantial lessening of competition in the identified markets.
Author : Roger J. Van den Bergh
Publisher : Edward Elgar Publishing
ISBN 13 : 1786438313
Total Pages : 536 pages
Book Rating : 4.7/5 (864 download)
Download or read book Comparative Competition Law and Economics written by Roger J. Van den Bergh and published by Edward Elgar Publishing. This book was released on 2017-09-29 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering a concise and critical comparison of EU competition law and US antitrust law from an economic perspective, this is the ideal textbook for international and interdisciplinary courses combining law and economic approaches.
Author : James P. Houck
Publisher : U of Minnesota Press
ISBN 13 : 1452911703
Total Pages : 296 pages
Book Rating : 4.4/5 (529 download)
Download or read book Soybeans and Their Products written by James P. Houck and published by U of Minnesota Press. This book was released on 1972 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Frederic S. Lee
Publisher : Routledge
ISBN 13 : 135126527X
Total Pages : 274 pages
Book Rating : 4.3/5 (512 download)
Download or read book Microeconomic Theory written by Frederic S. Lee and published by Routledge. This book was released on 2017-11-20 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microeconomic Theory: A Heterodox Approach develops a heterodox economic theory that explains the economy as the social provisioning process at the micro level. Heterodox microeconomics explores the economy with a focus on its constituent parts and their reproduction and recurrence, their integration qua interdependency by non-market and market arrangements and institutions, and how the system works as a whole. This book deals with three theoretical concerns. Due to the significance of the price mechanism to mainstream economics, a theoretical concern of the book is the business enterprise, markets, demand, and pricing. Also, since heterodox economists see private investment, consumption and government expenditures as the principal directors and drivers of economic activity, a second theoretical concern is business decision-making processes regarding investment and production, government expenditure decisions, the financing of investment, the profit mark-up and the wage rate, and taxes. Finally, the third theoretical concern of the book is the delineation of a non-equilibrium disaggregated price-output model of the social provisioning process. This book explores the integration of these various theories with a theoretical model of the economy and how this forms a theory that can be identified as heterodox microeconomics. It will be of interest to both postgraduates and researchers.
Author : Patrick L. Mason
Publisher : Springer Science & Business Media
ISBN 13 : 1461561574
Total Pages : 195 pages
Book Rating : 4.4/5 (615 download)
Download or read book Race, Markets, and Social Outcomes written by Patrick L. Mason and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: THE JANUS-FACE OF RACE: REFLEC- TIONS ON ECONOMIC THEORY Patrick L. Mason and Rhonda Williams Many economists are willing to accept that race is a significant factor in US eco nomic and social affairs. Yet the professional literature displays a peculiar schizo phrenia when faced with the task of actually formulating what race means and how race works in our political economy. On the one hand, race matters when the dis cussion is focused on anti-social behavior, social choices, and undesired market outcomes. Inexplicably, African Americans are more likely to prefer welfare, lower labor force participation, and unemployment. On the other hand, race does not matter when the subject of discussion is economically productive or socially accept able activities and legal market choices (for example, wages and employment). This Janus-faced construction of race is maintained by economists' stubborn ad herence to the market power hypothesis. The market power hypothesis asserts that racial discrimination and market competition are inversely correlated. Discrimina tory behavior will persist only in those sectors of society where the competitive forces of the market are least operative. When applied to the labor market, the mar ket power hypothesis suggests that pre- and post-labor market decisions represent disjoint sets. On average, members of a disadvantaged social group may accumulate a lower amount of or a lower quality of productive attributes because of discrimina tion in marital, residential, or school choice, or because of substantial animosity in day-to-day interpersonal relations with members of a privileged group.
Author : Daniel Adrian Doss
Publisher : CRC Press
ISBN 13 : 1439866058
Total Pages : 271 pages
Book Rating : 4.4/5 (398 download)
Download or read book The Business of Criminal Justice written by Daniel Adrian Doss and published by CRC Press. This book was released on 2011-12-19 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regardless of the type, size, or mission of a criminal justice or law enforcement organization, optimum decision making can be achieved by examining activities and functions from the perspective of traditional business administration. Using profit and nonprofit business models, The Business of Criminal Justice: A Guide for Theory and Practice integrates the two philosophies of traditional management and finance and service-oriented benefit and demonstrates how success in these organizations is dependent on using the proper business model. Topics discussed in this forward-thinking volume include: The basic characteristics of qualitative and quantitative human decisions that affect law enforcement organizations Management theory and the concepts of controlling, coordinating, leading, organizing, and planning Strategic management and long-term decisions that affect law enforcement and justice-related entities for five or more years Quality management and operations management of law enforcement entities The influences of economics on the administration of law enforcement entities Various aspects of mathematical modeling that influence human decision making to fulfill a stated objective Models that support the expending of funds to benefit the organization and its stakeholders while rendering public service Building relationships between the law enforcement entity and society through marketing, branding, and advertising Demonstrating how the concepts of business administration influence law enforcement and government organizations, this volume is a critical decision-making tool for law enforcement and criminal justice entities ranging from small-town sheriff’s offices to large federal enterprises.
Author : Damien J. Neven
Publisher :
ISBN 13 :
Total Pages : 330 pages
Book Rating : 4.3/5 (91 download)
Download or read book Merger in Daylight written by Damien J. Neven and published by . This book was released on 1993 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this recent volume, the authors react to the latest development in the European Community--the EC Merger Regulation--approved by the European Council of Ministers and analyze how this decision will impact mergers and regulation in the future for Europe.
Author : Gilbert Ngarih Nyaga
Publisher :
ISBN 13 :
Total Pages : 342 pages
Book Rating : 4.3/5 (129 download)
Download or read book An Investigation of the Simultaneous Impact of Launch and Logistics Strategies on New Product Performance written by Gilbert Ngarih Nyaga and published by . This book was released on 2006 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt:
