Thema Wettbewerb und Regulierung

Entrepreneurs and Their Impact on Jobs and Economic Growth: Updated

Entrepreneurs, creators of new firms, are a rare species. Even in innovation-driven economies, only 1–2% of the work force starts a business in any given year. Yet entrepreneurs, particularly innovative entrepreneurs, are vital to the competitiveness of the economy and may establish new jobs. The gains of entrepreneurship are only realized, however, if the business environment is receptive to innovation. ...

A Multi-Commodity Partial Equilibrium Model of Imperfect Competition in Future Global Hydrogen Markets

Techno-economic studies are investigating procurement costs of hydrogen and related derivatives across various international trade routes. However, the strategic behavior of exporters is rarely considered in this context, despite similar behavior frequently observed in the fossil fuel world and market characteristics indicating some potential. This work introduces a novel techno-economic model of oligopolistic ...

Wirtschaftsnobelpreis: Wichtige Lehren auch für Deutschland: Kommentar

VAT Pass-through and Competition: Evidence from the Greek Islands

We examine how competition affects VAT pass-through in isolated oligopolistic markets as defined by the Greek islands. Using daily gasoline prices and a difference-in-differences methodology, we investigate how changes in VAT rates are passed through to consumers in islands with different market structure. We show that pass-through increases with competition, going from 50% in monopoly to around 80% ...

Merger Remedies and Bargaining Power in the Coffee Market

This paper analyzes a merger of large manufacturers with divestiture in the French coffee market. In contrast to previous approaches used to study the effects of upstream divestitures on prices and welfare, we model the vertical market structure. First, our results show that the standard policy recommendation to require divestiture to small recipient firms may not hold when asymmetric bargaining power ...

Spatial Competition and Pass-through of Fuel Taxes: Evidence from a Quasi-natural Experiment in Germany

This paper analyses the pass-through rates and their determinants of the temporary German fuel discount in 2022 at its start and its termination. Based on a unique dataset of fuel station characteristics and prices, we employ a Regression Discontinuity in Time (RDiT) methodology to estimate heterogeneous pass-through rates. Our main contribution is to identify the impact of horizontal and vertical ...

Fusionskontrolle muss Verhandlungsmacht in Wertschöpfungsketten beachten

Im Rahmen der Wettbewerbspolitik spielt neben dem Kartellverbot und der Missbrauchsaufsicht die Fusionskontrolle eine zentrale Rolle. Fusionen zwischen großen Herstellern beeinflussen typischerweise den Wettbewerb und müssen daher von den Wettbewerbsbehörden genehmigt werden. Dabei sind Entflechtungen, bei denen die fusionierenden Unternehmen Unternehmensbeteiligungen oder Marken abgeben müssen, eine ...

In der Fusionskontrolle Verhandlungsmacht von Unternehmen beachten: Interview

Quantifying Bargaining Power in Supply Chains: Essential for Merger Control

Merger control plays a central role in competition policy. When assessing proposed mergers, Competition Authorities should consider its impact on all relevant markets. Large mergers between manufacturers typically impact competition, thus requiring the approval of Competition Authorities. Divestitures are often a condition of merger approval. This report investigates the effectiveness of implementing ...

Effectiveness of Horizontal Merger Remedies in Vertical Markets

The article explores the effectiveness of divestitures as a remedy for upstream horizontal mergers in vertically related markets. We argue that competition authorities ignoring the asymmetric bargaining power between upstream and downstream firms when assessing the choice of the buyer of the divested brands is likely to implement an inadequate policy. First, a small buyer with high bargaining power ...