Information Exchange, Market Transparency and Dynamic Oligopoly

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dc.contributor.author	Overgaard, Per Baltzer	en_US
dc.contributor.author	Møllgaard, Peter	en_US
dc.date.accessioned	2009-02-04T10:27:39Z
dc.date.available	2009-02-04T10:27:39Z
dc.date.issued	2005-11-16T00:00:00Z	en_US
dc.identifier.uri	http://hdl.handle.net/10398/7533
dc.description.abstract	In the economics literature, various views on the likely (efficiency) effects of information exchange, communication between firms and market transparency present themselves. Often these views on information flows are highly conflicting. On the one hand, it is argued that increased information dissemination improves firm planning to the benefit of society (including customers) and/or allows potential customers to make the right decisions given their preferences. On the other hand, the literature also suggests that increased information dissemination can have significant coordinating or collusive potential to the benefit of firms but at the expense of society at large (mainly, potential customers). In this chapter, we try to make sense of these views, with the aim of presenting some simple lessons for antitrust practice. In addition, the chapter presents some cases, from both sides of the Atlantic, where informational issues have played a significant role.	en_US
dc.format.extent	26 s.	en_US
dc.language	eng	en_US
dc.relation.ispartofseries	Working paper;2005-013	en_US
dc.title	Information Exchange, Market Transparency and Dynamic Oligopoly	en_US
dc.type	wp	en_US
dc.accessionstatus	modt05nov16 miel	en_US
dc.contributor.corporation	Copenhagen Business School. CBS	en_US
dc.contributor.department	Økonomisk Institut	en_US
dc.contributor.departmentshort	ECON	en_US
dc.contributor.departmentuk	Department of Economics	en_US
dc.contributor.departmentukshort	ECON	en_US
dc.description.notes	Prepared for Wayne Dale Collins (ed.), Issues in Competition Law and Policy, (forthcoming) Bar Association. We wish to thank Christopher Wilson, Centre for Competition Policy, University of East Anglia for comments on an earlier draft.	en_US
dc.idnumber	x65650389x	en_US
dc.publisher.city	København	en_US
dc.publisher.year	2005	en_US