Elliott, Caroline and Acutt, Melinda (2007) Antitrust Policy : The Impact of Revenue Penalties on Price. Journal of Industry, Competition and Trade, 7 (1). pp. 1-8. ISSN 1566-1679
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Official URL: http://dx.doi.org/10.1007/s10842-006-0002-6
Abstract
The paper examines the impact on a firm’s price when it faces the possibility of an antitrust investigation and associated potential revenue penalty. As well as presenting a general model of antitrust intervention, an illustrative example reflecting the provisions of the 1998 UK Competition Act is offered, the example being developed to explore the implications of the probability of antitrust intervention and punishment increasing non-linearly as a firm’s profit rises.
| Item Type: | Article |
|---|---|
| Journal or Publication Title: | Journal of Industry, Competition and Trade |
| Additional Information: | The original publication is available at www.springerlink.com |
| Uncontrolled Keywords: | antitrust - regulation - revenue - profits - threats |
| Subjects: | H Social Sciences > HB Economic Theory |
| Departments: | Lancaster University Management School > Economics |
| ID Code: | 23623 |
| Deposited By: | Dr Caroline Elliott |
| Deposited On: | 19 Feb 2009 11:11 |
| Refereed?: | Yes |
| Published?: | Published |
| Last Modified: | 26 Jul 2012 16:12 |
| Identification Number: | |
| URI: | http://eprints.lancs.ac.uk/id/eprint/23623 |
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