Trends in Enforcement of the Antimonopoly Laws

Edwards, Corwin D.

doi:10.1177/002224295001400502

Cited by 6 publications

(2 citation statements)

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“…The current limited research attention afforded to branding and competition law also runs counter to the historical prominence of competition policy discussions within business literatures (e.g. Engle 1936, Nystrom 1936, McNair 1938, Edwards 1950).…”

Section: The Intersection Between Branding and Competition Lawmentioning

confidence: 90%

The regulatory challenge to branding: An interpretation of UK competition authority investigations 1950–2007

Ashton

Pressey

2011

Journal of Marketing Management

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This study examines if, and how, branding constitutes an anticompetitive act. These questions are assessed through an examination of UK competition cases undertaken over the period 1950-2007. From this assessment it is observed that branding can facilitate excessive pricing, requires vertical restraints, and can lead to consumer confusion. Competition cases focused on branding issues are demonstrably different from cases without branding concerns and involve larger, often manufacturing, firms, which operate in more concentrated markets. It is concluded that competition law needs to be disseminated more widely amongst business communities. This will require greater prominence for competition policy within business school syllabi and greater reference to business and management theory on the part of competition law agencies would assist the comprehension of business techniques such as branding.

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Section: The Intersection Between Branding and Competition Lawmentioning

confidence: 90%

The regulatory challenge to branding: An interpretation of UK competition authority investigations 1950–2007

Ashton

Pressey

2011

Journal of Marketing Management

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“…All of the existing empirical studies in antitrust enforcement rely on samples of detected (or registered) and convicted cases. For an overview of all types of detected antitrust offenses in the US, see Edwards (1950); Posner (1970); Gallo et al (1985); Salop and White (1986); Gallo et al (1986Gallo et al ( , 1994Gallo et al ( , 2000; Lin et al (2000); Kovacic and Shapiro (2000); Ghosal and Gallo (2001); Posner (2001); Baker (2003), Ghosal and Stennek (2007), and Connor (2014). In analogy, see Carree et al (2010) and Russo et al (2010b) for the European Union.…”

Section: Literature Reviewmentioning

confidence: 99%

Simulating Collusion: Challenging Conventional Estimation Methods

Bellert,

Günster

2024

Preprint

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The empirical literature in industrial economics relies on hazard rate models to estimate the probability of death and survival as well as to explain the duration of collusion. Estimations are based on detected and convicted offenses. Detected cartels are, however, a non-random sample of their population of collusive activity. We question whether hazard rate and linear estimation methods derive consistent unbiased estimators explaining collusion. We simulate collusive behavior of industries with different number of firms based on three classical models of collusion, additionally varying four variables of antitrust enforcement. It is the first easily amenable and amendable simulation tool for collusion. The simulation provides a ground-truth data set of undetected and detected cartels; a population and its sample. Applying hazard rate and linear models on the sample fails to deliver consistent unbiased estimates for the population. Controlling for sample and feature selection on the population of all potential offenders does not improve prediction. The use of average treatment effects and average duration bias shows to quantify the magnitude of any bias well; a solution for future research relying on detected cartel cases. JEL Classification: C13 , C63 , D43 , 43 , L41 , L44

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Anticompetitive Behaviour of Undertakings - Case Studies

Bușu

Cimpan

2015

Procedia - Social and Behavioral Sciences

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Trends in Enforcement of the Antimonopoly Laws

Cited by 6 publications

References 0 publications

The regulatory challenge to branding: An interpretation of UK competition authority investigations 1950–2007

The regulatory challenge to branding: An interpretation of UK competition authority investigations 1950–2007

Simulating Collusion: Challenging Conventional Estimation Methods

Anticompetitive Behaviour of Undertakings - Case Studies

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