Results 51 to 60 of about 2,028,787 (188)

Collusion through debt and managers

Canadian Journal of Economics/Revue canadienne d'économique, EarlyView.
Abstract We investigate the anticompetitive effects of debt financing and managerial incentives in the presence of managers incurring personal bankruptcy costs. We characterize the strategic value for firms' shareholders of resorting to debt and managerial incentives as complementary devices to sustain collusion among firms, when managerial bankruptcy ...
Raffaele Fiocco, Salvatore Piccolo, Giancarlo Spagnolo   +2 more
wiley   +1 more source

Aplicação Privada da Lei Antitruste no Brasil

Revista de Defesa da Concorrência, 2017
Resumo Embora a lei brasileira preveja expressamente a ação privada de cessação de ilícitos concorrenciais e de indenização por danos decorrentes destas condutas (aplicação privada do direito antitruste), sua utilização é bastante restrita no país ...
Marcus de Freitas Gouvea
doaj  

Of hired guns and ideologues: Why would a law firm ever retain an honest expert witness?

Canadian Journal of Economics/Revue canadienne d'économique, EarlyView.
Abstract Suppose that expert witnesses appearing in litigation are, generically, either honest in their assessment of a fact situation or are advocates who testify in favour of their retaining party, regardless of new information. The type of a witness is known to law firms, who engage with them repeatedly, but not to courts.
Martin Richardson, Jose Rodrigues‐Neto
wiley   +1 more source

The Disclosure of Leniency Statements and Other Evidence under Directive 2014/104/EU: An Undue Prominence of Public Enforcement?

Market and Competition Law Review, 2018
Directive 2014/104/EU contains detailed provisions related to the disclosure of evidence in actions for damages before national courts that seek to strike a balance between a claimant’s right to access evidence in support of its private damages claim ...
Claudia Massa
doaj   +1 more source

The Chains That Bind? Restrictive Covenants and Labor Market Entrants' Perceived Occupational Mobility

Industrial Relations: A Journal of Economy and Society, EarlyView.
ABSTRACT Using a conjoint experiment on highly educated labor market entrants in the Philippines, we examine how restrictive covenants shape perceived occupational mobility. Respondents compared hypothetical jobseeker profiles with randomized non‐compete, training repayment, and non‐solicitation clauses, then chose the likely applicant to four mobility
Vincent Jerald Ramos, Benjamin Radoc
wiley   +1 more source

Limits to the private enforcement of antitrust law [PDF]

Following Regulation No. 1/2003 EC which permits the substitution of decentralised and private enforcement for centralised and public enforcement of Articles 81 and 82 EC, the European Commission in December 2005 presented a Green Paper on "damages ...
Thomas Eger, Peter Weise
core  

Data‐Driven Procurement for Managing Crises: Lessons From a European Automotive Manufacturer

Information Systems Journal, EarlyView.
ABSTRACT Global crises and persistent uncertainty have exposed the vulnerability of supply chains. Procurement departments, traditionally focused on cost optimization, are increasingly required to act as strategic orchestrators of supply chains. This paper examines a data‐driven transformation within a European automotive procurement department ...
Sven Klee, Andreas Janson, Jan Marco Leimeister   +2 more
wiley   +1 more source

Do States Free Ride in Antitrust Enforcement? [PDF]

Recent research has documented a substantial role in antitrust enforcement by U.S. states. While many of the cases litigated involve small local firms, a non-trivial portion encompass multiplestate issues.
Robert M. Feinberg, Thomas A. Husted
core  

Private Damages Actions in EU Competition Law and Restorative Justice: Towards a New Streamlined Institutional Framework?

Market and Competition Law Review, 2019
The transposition of Directive 2014/104 on private damages actions marks an important development in the setting up of a harmonised private competition law enforcement regime across different EU Member States.
Pieter Van Cleynenbreugel
doaj   +1 more source

Unveiling Synergy Gains in Divestitures Using Options Market Information1

Journal of Business Finance &Accounting, EarlyView.
ABSTRACT We use stock and options information to decompose and provide a practical measure of the market's beliefs about the different sources of value creation from divestitures. We find that divestitures generate economically significant synergy gains that exceed $1 billion for both acquirers and sellers.
Vinay Patel, David Michayluk, Anirudh Dhawan   +2 more
wiley   +1 more source