Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
}
TY - JOUR
T1 - Antitrust policy: the impact of revenue penalties on price
AU - Elliott, Caroline
AU - Acutt, Melinda
N1 - The original publication is available at www.springerlink.com
PY - 2007/3
Y1 - 2007/3
N2 - 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.
AB - 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.
KW - antitrust - regulation - revenue - profits - threats
U2 - 10.1007/s10842-006-0002-6
DO - 10.1007/s10842-006-0002-6
M3 - Journal article
VL - 7
SP - 1
EP - 8
JO - Journal of Industry, Competition and Trade
JF - Journal of Industry, Competition and Trade
SN - 1566-1679
IS - 1
ER -