2014
DOI: 10.2139/ssrn.2500865
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Transversal Agency and Crowding Out

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“…To allow for the possibility of an antitrust agency to place different weights on consumer and producer surplus, I will use the welfare function developed by Barros, Hoernig and Nilssen (2015):…”
Section: Annexes Annex 1 -Biased Antitrust Agency (Consumer Biased Vs...mentioning
confidence: 99%
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“…To allow for the possibility of an antitrust agency to place different weights on consumer and producer surplus, I will use the welfare function developed by Barros, Hoernig and Nilssen (2015):…”
Section: Annexes Annex 1 -Biased Antitrust Agency (Consumer Biased Vs...mentioning
confidence: 99%
“…According toMotta (2004), both the EU and the US tend to put a higher weight on consumer surplus while countries such as Canada, Australia, and New Zealand seem to lean towards total welfare. Annex 1 explores the situation in which the antitrust agency can give different weights to consumer and producer surplus (based on the work ofBarros, Hoernig and Nilssen (2015)). 22 The size of 𝐷𝑊𝐿 * depends on the structure of the market.…”
mentioning
confidence: 99%