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Topic 10: competitive constraint and market power

A ntitrust Economics 2013. David S. Evans University of Chicago, Global Economics Group. Elisa Mariscal CIDE, Global Economics Group. Topic 10: competitive constraint and market power. Topic 10| Part 2 24 September 2013. Date. Overview. The Role and Definition of Market Power.

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Topic 10: competitive constraint and market power

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  1. Antitrust Economics 2013 David S. Evans University of Chicago, Global Economics Group Elisa Mariscal CIDE, Global Economics Group Topic 10: competitive constraint and market power Topic 10| Part 2 24 September 2013 Date

  2. Overview

  3. The Role and Definition of Market Power

  4. Dominance and Market Power According to the Commission and the Courts

  5. Monopoly and Market Power in the US

  6. Economic Definitions of Market Power

  7. Market Power Measurement

  8. Market Share for the Market Power Thermometer

  9. Market Shares as Measures of Market Power

  10. P>MC May Not Imply Significant Market Power

  11. The Impact of Investment and Risk

  12. Difficulties in Using Profits to Assess Market Power

  13. Multiple Sources of Evidence are Best for Market Power assessment

  14. Multi-Sided Platforms and Market Power

  15. Special Issues for Multi-Sided Platforms

  16. A One-Sided Perspective on Market Power

  17. A Two-Sided Perspective on Market Power-Ex.1

  18. A Two-Sided Perspective on Market Power-Ex.2

  19. Price-Cost Comparisons for Two-Sided Platforms

  20. 1-Sided Price-Cost Markup Formula Wrong for 2-Sided Platforms

  21. Analyzing Market Power for Platforms

  22. End of Part 2, Next Class Topic 11: Market Definition

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