Four Studies on Antitrust Enforcement and Foreign Investment Activities
نویسندگان
چکیده
Motivated by the potential for antitrust policy to contribute de-globalization deterring FDI, my dissertation studies how MNEs respond increased enforcement when engaging in foreign investment activities after global financial crisis of 2008. I employ multi-level data on U.S. (industry-level), inward-FDI cross-border M&As (firm-level), and Greenfield FDI (firm-level) markets over 2002–2017 empirical testing. The findings support theoretical priors that increases crisis, deters aggregated foreign-acquirer-presence local M&A markets, attracts FDI.
منابع مشابه
Antitrust Enforcement ∗
This article explores the enforcement of those laws intended to promote competitive markets through the prohibition of certain practices such as price-fixing, welfare-reducing mergers, and monopolization. The discovery and prosecution of violations are examined including the role of leniency programs. The determination of penalties is investigated with an assessment of their relationship to opt...
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We study antitrust enforcement in which the fine must obey four legal principles: punishments should fit the crime, proportionality, bankruptcy considerations, and minimum fines. We integrate these legal principles into an infinitely-repeated oligopoly model. Bankruptcy considerations ensure abnormal cartel profits. We derive the optimal fine schedule that achieves maximal social welfare under ...
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We study antitrust enforcement that channels price-fixing incentives through setting fines and allocating resources to detection activities. Antitrust fines obey four legal principles: punishments should fit the crime, proportionality, bankruptcy considerations, and minimum fines. Bankruptcy considerations limit maximum fines, ensure abnormal cartel profits and impose a challenge for optimal an...
متن کاملSupplanting Foreign Antitrust
Why should American law supplant, for example, Canada’s or Great Britain’s or Japan’s own determination about how best to protect Canadian or British or Japanese customers from anti-competitive conduct engaged in significant part by Canadian or British or Japanese or other foreign companies?1 Thus asked Justice Breyer in his 2004 opinion in F. Hoffman-La Roche, Ltd. v. Empagran, SA, a case brou...
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ژورنال
عنوان ژورنال: AIB insights
سال: 2021
ISSN: ['1938-9590', '1938-9604']
DOI: https://doi.org/10.46697/001c.30111