EconStor >
Research Institute of the Finnish Economy (ETLA), Helsinki >
ETLA Discussion Papers, Research Institute of the Finnish Economy (ETLA) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/63792
  
Title:Are there biases in the market definition procedure? PDF Logo
Authors:Stenborg, Markku
Issue Date:2004
Series/Report no.:ETLA Discussion Papers, The Research Institute of the Finnish Economy (ETLA) 903
Abstract:Indirect analysis of market power requires market delineation. Procedures in competition case law can be biased, as sample of market participants is typically biased or wrong one for analysis of market boundaries. Market delination can then be biased to too narrow markets, thus finding too much market power. As a remedy, analysis should concentrate on marginal, not infra-marginal customers, and use and understand economic tools such as demand elasticity and direct estimation of market power, if possible.
Subjects:market delineation
competition policy
SSNIP-test
demand elasticity
JEL:L40
K21
Document Type:Working Paper
Appears in Collections:ETLA Discussion Papers, Research Institute of the Finnish Economy (ETLA)

Files in This Item:
File Description SizeFormat
382874927.pdf245.99 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/63792

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.