Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

Friday, May 12, 2017

UMBRELLA EFFECTS: CORRECTION AND EXTENSION

Emanuel Holler and Maarten Pieter Schinkel discuss UMBRELLA EFFECTS: CORRECTION AND EXTENSION.

 Roman Inderst, Frank Maier-Rigaud, and Ulrich Schwalbe's “Umbrella Effects” contains a misspecification of the profit functions that affects the numerical findings reported in the article (Roman Inderst, Frank Maier-Rigaud & Ulrich Schwalbe, Umbrella Effects 10 J. Competition L. & Econ. 739 (2014)). We offer the standard economic model of oligopolistic price competition in differentiated goods as a better basis for further development of umbrella damages cases.

http://lawprofessors.typepad.com/antitrustprof_blog/2017/05/umbrella-effects-correction-and-extension.html

| Permalink

Comments

Post a comment