Journal of Competition Law & Economics最新文献_第3页

OUP accepted manuscript OUP接受稿件

IF 1.5 4区社会学

Journal of Competition Law & Economics Pub Date : 2022-01-01 DOI: 10.1093/joclec/nhac001

引用次数: 3

Collusion as Environmental Protection—An Economic Assessment 合谋作为环境保护的一种经济评价

IF 1.5 4区社会学

Journal of Competition Law & Economics Pub Date : 2021-10-11 DOI: 10.1093/joclec/nhab025

C. Veljanovski

引用次数: 0

Common Ownership Patterns in the European Banking Sector—The Impact of the Financial Crisis1 欧洲银行业的共同所有权模式——金融危机的影响1

IF 1.5 4区社会学

Journal of Competition Law & Economics Pub Date : 2021-10-08 DOI: 10.1093/joclec/nhab023

Albert Banal-Estañol, Nuria Boot, J. Seldeslachts

引用次数: 2

On the Risks of Using the Sequential Product-Level SSNIP Approach to Identify Relevant Antitrust Markets‡ 论使用序贯产品级SSNIP方法识别相关反垄断市场的风险

IF 1.5 4区社会学

Journal of Competition Law & Economics Pub Date : 2021-10-06 DOI: 10.1093/joclec/nhab020

Jorge Padilla, S. Piccolo, Pekka Sääskilahti

引用次数: 0

Prospective Welfare Analysis—Extending Willingness-To-Pay Assessment to Embrace Sustainability 前瞻性福利分析——扩展支付意愿评估以拥抱可持续性

IF 1.5 4区社会学

Journal of Competition Law & Economics Pub Date : 2021-09-22 DOI: 10.1093/joclec/nhab021

R. Inderst, Stefan Thomas

{"title":"Prospective Welfare Analysis—Extending Willingness-To-Pay Assessment to Embrace Sustainability","authors":"R. Inderst, Stefan Thomas","doi":"10.1093/joclec/nhab021","DOIUrl":"https://doi.org/10.1093/joclec/nhab021","url":null,"abstract":"\u0000 In this paper, we outline how a future change in consumers’ willingness-to-pay can be accounted for in a consumer welfare effects analysis in antitrust. Key to our solution is the prediction of preferences of new consumers and changing preferences of existing consumers in the future. The dimension of time is inextricably linked with that of sustainability. Taking into account the welfare of future cohorts of consumers, concerns for sustainability can therefore be integrated into the consumer welfare paradigm to a greater extent. As we argue in this paper, it is expedient to consider changes in consumers’ willingness-to-pay, in particular if society undergoes profound changes in such preferences, for example, caused by an increase in generally available information on environmental effects of consumption, and a rising societal awareness about how consumption can have irreversible impacts on the environment. We offer suggestions on how to conceptionalize and operationalize the projection of such consumers’ changing preferences in a “prospective welfare analysis.” This increases the scope of the consumer welfare paradigm and can help to solve conceptual issues regarding the integration of sustainability into antitrust enforcement while keeping consumer surplus as a quantitative gauge.","PeriodicalId":45547,"journal":{"name":"Journal of Competition Law & Economics","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2021-09-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44046103","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Designing Remedies for Digital Markets: The Interplay Between Antitrust and Regulation 为数字市场设计补救措施:反垄断与监管之间的相互作用

IF 1.5 4区社会学

Journal of Competition Law & Economics Pub Date : 2021-09-08 DOI: 10.1093/joclec/nhab022

Filippo Lancieri, Caio Mario S Pereira Neto

{"title":"Designing Remedies for Digital Markets: The Interplay Between Antitrust and Regulation","authors":"Filippo Lancieri, Caio Mario S Pereira Neto","doi":"10.1093/joclec/nhab022","DOIUrl":"https://doi.org/10.1093/joclec/nhab022","url":null,"abstract":"Regulatory interventions aimed at promoting competition in digital markets face a challenge: How to design remedies that actually improve welfare? This article helps provide an answer to this question. First, it maps out the frontier of remedy design: Part II.A summarizes antitrust and regulatory remedies imposed on digital companies over the past decades, while Part II.B reviews nineteen reports on competition in digital markets to identify proposals to advance antitrust or regulatory interventions. Part III, the core of the article, builds on this review to propose a new, two-level framework for remedy design that integrates pro-competition antitrust and regulatory interventions as part of a single policy. First, at the substantive level, it develops a compounded error-cost framework that helps authorities to choose between different remedies applicableto a given conduct: when policymakers accept higher risks of over-enforcement in deciding to intervene, they should compensate by taking lower risks of over-enforcement in remedy design and vice-versa. Second, at the institutional level, the article proposes that authorities consider separating three connected but different key activities in remedy design: (i) identifying harmful behavior, (ii) designing interventions, and (iii) monitoring and adapting remedies. It also outlines four criteria (legal mandate, need for technical expertise, relative risks of regulatory capture, and overall administrative costs) that can help authorities allocate these tasks among different regulators. Part IV concludes by applying this framework to seven types of conduct that Part II identified as potentially problematic: (i) discrimination, unfair treatment, and self-preferencing; (ii) exclusivity contracts; (iii) tying or bundling; (iv) MFNs and other price parity clauses; (v) refusals to deal, limited interoperability, and lack of data portability; (vi) exploitative or exclusionary terms of service; and (vii) nudges, sludges, and other concerns around user interfaces.","PeriodicalId":45547,"journal":{"name":"Journal of Competition Law & Economics","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2021-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138513975","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Using the Statistical Concept of “Severity” to Assess the Compatibility of Seemingly Contradictory Statistical Evidence (With a Particular Application to Damage Estimation) 使用“严重性”的统计概念来评估看似矛盾的统计证据的兼容性（特别适用于损失估计）

IF 1.5 4区社会学

Journal of Competition Law & Economics Pub Date : 2021-08-27 DOI: 10.1093/joclec/nhab017

Peter Bönisch, R. Inderst

引用次数: 0

Reflective Willingness to Pay: Preferences for Sustainable Consumption in a Consumer Welfare Analysis 反思支付意愿:消费者福利分析中的可持续消费偏好

IF 1.5 4区社会学

Journal of Competition Law & Economics Pub Date : 2021-08-09 DOI: 10.1093/joclec/nhab016

Roman Inderst, Stefan Thomas

{"title":"Reflective Willingness to Pay: Preferences for Sustainable Consumption in a Consumer Welfare Analysis","authors":"Roman Inderst, Stefan Thomas","doi":"10.1093/joclec/nhab016","DOIUrl":"https://doi.org/10.1093/joclec/nhab016","url":null,"abstract":"Our starting point is the following simple but potentially underappreciated observation: When assessing willingness to pay (WTP) for hedonic features of a product, the results of such measurement are influenced by the context in which the consumer makes her real or hypothetical choice or in which the questions to which she replies are set (such as in a contingent valuation analysis). This observation is of particular relevance when WTP regards sustainability, the ‘non-use value’ of which does not derive from a direct (physical) sensation and where perceived benefits depend heavily on available information and deliberations. The recognition of such context sensitivity paves the way for a broader conception of consumer welfare (CW), and our proposed standard of ‘reflective WTP’ may materially change the scope for private market initiatives with regards to sustainability, while keeping the analytical framework within the realm of the CW paradigm. In terms of practical implications, we argue, for instance, that actual purchasing decisions may prove insufficient to measure consumer appreciation of sustainability, as they may rather echo learnt but unreflected heuristics and may be subject to the specific shopping context, such as heavy price promotions. Also, while preferences may reflect the current social norm, the latter may change considerably over time as more consumers adapt their behaviour.","PeriodicalId":45547,"journal":{"name":"Journal of Competition Law & Economics","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2021-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138513973","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Evaluating the Effectiveness of the Italian Interlocking Ban: An Empirical Analysis of the Personal Ties Among The Largest Banking and Insurance Groups in Italy 评估意大利连锁禁令的有效性：对意大利最大银行和保险集团个人关系的实证分析

IF 1.5 4区社会学

Journal of Competition Law & Economics Pub Date : 2021-08-06 DOI: 10.1093/joclec/nhab014

F. Ghezzi, Chiara Picciau

{"title":"Evaluating the Effectiveness of the Italian Interlocking Ban: An Empirical Analysis of the Personal Ties Among The Largest Banking and Insurance Groups in Italy","authors":"F. Ghezzi, Chiara Picciau","doi":"10.1093/joclec/nhab014","DOIUrl":"https://doi.org/10.1093/joclec/nhab014","url":null,"abstract":"\u0000 In 2011, Italy introduced a ban on interlocking directorates in the financial sector, prohibiting members of the boards of directors and of the internal control bodies, as well as top managers of banking, insurance, and financial companies, from holding any such office in a competing company or group. Empirical studies have demonstrated conflicting results concerning the effectiveness of the Italian anti-interlocking provision. Some studies claim that interlocking directorates have decreased but have not been completely eliminated, which suggests possible persisting limits to competition. Other studies instead show the ban to have a procompetitive effect, at least in the banking sector, which would be at odds with a slight reduction in personal ties. Our article addresses this inconsistency by mapping the interlocking directorates among the 25 largest banking groups and the 25 largest insurance groups operating in Italy before and after the introduction of the ban. We show that although interlocking directorates were widespread at the end of 2010, the interlocking ban reached its goal in the banking and insurance sectors. Anticompetitive effects may, however, still exist, especially considering that the anti-interlocking provision does not affect ownership connections among competing financial companies and groups.","PeriodicalId":45547,"journal":{"name":"Journal of Competition Law & Economics","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2021-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41431952","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Incentivizing Private Antitrust Enforcement to Promote Leniency Applications 激励私人反垄断执法促进宽大申请

IF 1.5 4区社会学

Journal of Competition Law & Economics Pub Date : 2021-07-21 DOI: 10.1093/JOCLEC/NHAB009

Sinchit Lai

引用次数: 1