ASYMMETRIC PRICE INCREASE IN CRITICAL LOSS ANALYSIS: A REPLY TO LANGENFELD AND LI

Øystein Daljord, Lars Sørgard and Øyvind Thomassen

Journal of Competition Law and Economics, 2014, vol. 10, issue 3, 765-768

Abstract: James Langenfeld and Wenqing Li claim that the market delineating criterion of Øystein Daljord, Lars Sørgard, and Øyvind Thomassen for an asymmetric small, but significant and nontransitory increase in price (SSNIP) is logically inconsistent and tends to define too broad antitrust markets. We show that these claims are false.

JEL-codes: K21 L1 L11 L12 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:oup:jcomle:v:10:y:2014:i:3:p:765-768.

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Journal of Competition Law and Economics is currently edited by Nicholas Economides, Amelia Fletcher, Michal Gal, Damien Geradin, Ioannis Lianos and Tommaso Valletti

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