By Kai Hüschelrath
The publication develops an built-in method of festival coverage research. in accordance with the belief that the deterrence of anticompetitive behaviour is the elemental target of festival coverage ideas and their enforcement, 3 pivotal degrees of such an built-in strategy are pointed out: a primary point, a strategic point in addition to an operational point. next to the improvement of the method, it really is utilized to 3 conventional components of pageant coverage – demanding center cartels, horizontal mergers and predation – prior to conclusions are drawn on tips to ameliorate present pageant coverage.
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Additional resources for Competition Policy Analysis: An Integrated Approach
Sample text
However, it is important not to disregard the sceptical views on antitrust but to interpret them as a cornerstone of the continuous improvement of antitrust enforcement. Antitrust interventions have to be aware of enforcement’s significant influence on manager’s decisions, market behaviour and industry structure. In order to minimise uncertainty caused by antitrust enforcement, it must be the aim to develop, as clearly as possible, rules which are based on sound economic theories but understandable and applicable for people with academic backgrounds other than economics.
In an age increasingly characterised by global markets that are dominated by a few huge companies, Intel’s approach to compliance provides a valuable model for any enterprise that may come under regulators’ scrutiny” (Yoffie and Kwak, 2001: 120). In the past, Michael Porter had been criticised for not considering antitrust violations in his books on Competitive Strategy and Competitive Advantage (see especially Fried and Oviatt, 1989). “Anbieter und Nachfrager suchen stets – wo immer es möglich ist – Konkurrenz zu vermeiden und monopolistische Stellungen zu erwerben oder zu behaupten.
36ff) by evaluating evidence from four episodes of no or lax antitrust enforcement in the United States: − Industry performance before and shortly after the enactment of the Sherman Act (1890) Studies of major industries during that period show successful though imperfect collusion in steel (Scherer, 1996), bromine (Levenstein, 1997), railroads (Elli son, 1994; Porter, 1983) and petroleum refining (Granitz and Klein, 1996). The activities of Standard Oil and American Tobacco also illustrated harmful exclusionary behaviour and showed the effects of anticompetitive mergers (see Granitz and Klein, 1996; Burns, 1986; Lamoreaux, 1985).