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🦜 Industrial Competition

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Industrial Competition

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On the effectiveness of Recidivism on Productivity Growth: Evidence from anti-cartel enforcement in the US

Published: July 4, 2024 00:00

Explicit collusion, or cartel behavior, involves coordinated efforts among firms within a market to restrict competition for their mutual benefit. Recidivism in this context occurs when cartel members, previously fined for such activities, establish a new…

Strategic use of social media influencer marketing

Published: June 17, 2024 00:00

We set out a model of social media influencer marketing in which a firmmay hire influencers to inform consumers about an innovation. Influencersgenerate sales through purchases of their followers and followers' social networks and set prices for their…

Feedback and Competition in Procurement e-Auctions

Published: June 14, 2024 00:00

We use a lab experiment to examine the effect of feedback on bidder behavior in procurement e-auctions. We compare ‘Rank-only’ to ‘show lead bid’ feedback, two regimes applied frequently by procurement professionals. A choice among the two is often based…

The intersection between competition and data privacy

Published: June 7, 2024 00:00

Data plays an increasingly important role for online platforms and the majority of digital business models. Along with data becoming central to competition and the conduct of actors in digital markets, there has been an increase in data privacy regulations…

Why Do Index Funds Have Market Power? Quantifying Frictions in the Index Fund Market

Published: May 31, 2024 00:00

The number of index funds increased drastically from 2000 to 2020, partially fueled by the emergence of exchange-traded funds (ETFs). Despite the growing availability of similar products, price dispersion persists, with many expensive funds still…

Pro-competitive industrial policy

Published: May 22, 2024 00:00

Recent global developments, and a number of serious crises, have led to large government interventions in many jurisdictions, driving a debate on whether there is a need to rethink the role of industrial policy in modern economies. This paper explores how…