Every microeconomics textbook explains that a business with market power
can increase its profit by restricting output.
The ACCC has today issued guidelines for consultation on the new misuse of market power
, concerted practices and authorisation provisions.
Specifically, in attempt to monopolize cases, market power
is used to determine whether there is a "dangerous probability" that a firm will achieve monopoly status.
A group of groups is calling on the Department of Justice and the Federal Communications Commission to stop Comcast Communications from acquiring Time Warner Cable, and with it, undue market power
In this research we analyze the unilateral market power
on the demand side in the Italian wholesale electricity market.
Antitrust law has traditionally required proof of market power
in most cases and has analyzed market power
through a market definition/market share lens.
He argues that antitrust should concern itself exclusively with issues of market power
and that the characteristics of TBTF financial firms that worry analysts have nothing to do with market power
20 it was minded to rule that Stansted Airport should not be fully de-regulated because it has a level of market power
among low cost and charter carriers that may be substantial.
Bulgarian companies will be monitored for and fined in cases of abuse of "significant market power
," according to draft amendments to the Competition Protection Act.
In this article, we review the existing literature on market power
in food retailing, and describe an empirical framework necessary to provide a definitive answer to this question, if indeed one exists.
This paper analyses two approaches to measuring market power
--the commonly used Lerner index and a range of exploitation measures--.
2) What remains unclear is whether for-profit and non-profit hospitals both react the same way once faced with greater market power