Publications in: Competition Economics

The Effectiveness of Competition Policy and the Price-Cost Margin: New Econometric Evidence

Subsector:Remedies and enforcement
Published: December, 2008
Document type:LE publication (working papers and economic briefs)

This paper presents new econometric evidence suggesting that effective competition policy serves to curtail the exercise of market power – countries in which competition policy is judged to be more effective are characterised by lower market price-cost margins, controlling for other factors believed to influence the price-cost margin.

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The Effectiveness of Competition Policy and the Price-Cost Margin: New Econometric Evidence

Subsector:Competition, Regulation and Business
Published: October, 2008
Document type:Staff publication

McCloughan, P., Lyons, S. and Holmes-Batt, W.

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Modelling EU Electricity Market Competition Using the Residual Supply Index

Subsector:Regulatory economics
Published: May, 2008
Document type:LE publication (working papers and economic briefs)

This LE Working Paper reports on research undertaken by LE and others for the European Commission inquiry into the state of competition in the EU’s electricity markets. It also presents new analysis on the economic foundations of the Residual Supply Index as a market structure variable.  From 2005 to 2007

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Exclusive Contracts: Theory and Practice

Subsector:Competition, Regulation and Business
Published: May, 2008
Document type:LE publication (working papers and economic briefs)

Exclusive contracts between two parties may be of concern for competition policy as they can be used to restrict the extent of competition in markets. In this note we briefly review the economic literature on the various effects of exclusive contracts and also illustrate with a real-world example how the relevant theory can be applied […]

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An Extract from The Handbook of Competition Economics 2008, a Global Competition Review Special Report – UK

Subsector:Competition, Regulation and Business
Published: 2008
Document type:Staff publication

Muller, P. and Ramada, P.

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An Extract from The Handbook of Competition Economics 2008

Subsector:Competition, Regulation and Business
Published: 2008
Document type:Staff publication

Maier, N. A Global Competition Review special report – Hungary, 2008.

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Increasing Early Settlement Charges for Personal Loans by OTP-Bank Hungary – Abuse of Dominant Position or a Rational Business Response to a Demand Shock

Subsector:Competition, Regulation and Business
Published: November, 2007
Document type:

5th Annual Conference of the Association of Competition Economists (ACE), Toulouse, November 2007.

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The Effectiveness of Competition Policy and the Price-Cost Margin: Evidence from Panel Data

Subsector:Competition, Regulation and Business
Published: September, 2007
Document type:Staff publication

ESRI Working Paper No. 209,  McCloughan, P., Lyons, S. and Holmes-Batt.

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Structure and Performance of Six European Wholesale Electricity Markets in 2003, 2004, and 2005

Subsector:Regulatory economics
Published: February, 2007
Document type:Report

The report provides an in-depth assessment of the electricity wholesale markets in Belgium, Germany, Spain, France, the Netherlands and Great Britain with a view to determining how competitive markets were in 2003, 2004 and 2005. The report provides summary key results for traditional market structural indicators, electricity-specific measures of market structure and market outcome measures. […]

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Overview: Hungary

Subsector:Competition, Regulation and Business
Published: 2007
Document type:Staff publication

2007 Handbook of Competition Economics, a Global Competition Review special report, Maier, N.

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