Title
Cartel Deterrence Impact of Competition Policy on PriceCost Margins: Econometric study on the EU Manufacturing Industry,Used
Delivery time: 8-12 business days (International)
Over the last twenty years, the enforcement of competition policy of the European Commission has been intensified. It is, however, important to see how effective the antitrust activity is. Therefore, the present book is aimed at investigating the direct impact of EU competition policy on pricecost margins. Thus, we develop a model that was previously used for estimating pricecost margins, and apply it to firmlevel data of 152 firms in the EU manufacturing industry that were sanctioned and addressed prohibition decisions by the European Commission. We look at both average pricecost margins, and at the before and after effect, taking the year of prohibition decisions as the point of reference. Further, we build a control group of firms that were not sanctioned, and analyze the impact of competition policy on the two groups. The tests are performed also by subsectors and by countries, reflecting different results within these subsamples. We find some evidence of effective competition policy, but also come to the conclusion that the activity of the competition authority should be fairly intensified. The findings can be used, among others, by policymakers for taking future action.
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Shipping & Returns
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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.