TY - JOUR
T1 - Competition law and profits
T2 - A dynamic panel data analysis for Dutch manufacturing firms
AU - Brouwer, E.
AU - Ozbugday, F.C.
N1 - Appeared earlier as CentER Discussion Paper 2011-038
PY - 2012
Y1 - 2012
N2 - This article tests whether the transition from the old Economic Competition Act, which was based on the so-called ‘abuse system’, to the new Competition Act, which was based on ‘prohibition system’, in the Netherlands had an impact on the Price-Cost Margins (PCM) of manufacturing firms during the period 1993 to 2006. The results indicate that the transition from the old system to the new system, which was aimed at fostering competition, did not result in lower profits.
AB - This article tests whether the transition from the old Economic Competition Act, which was based on the so-called ‘abuse system’, to the new Competition Act, which was based on ‘prohibition system’, in the Netherlands had an impact on the Price-Cost Margins (PCM) of manufacturing firms during the period 1993 to 2006. The results indicate that the transition from the old system to the new system, which was aimed at fostering competition, did not result in lower profits.
U2 - 10.1080/13504851.2011.617689
DO - 10.1080/13504851.2011.617689
M3 - Article
SN - 1350-4851
VL - 19
SP - 1203
EP - 1206
JO - Applied Economics Letters
JF - Applied Economics Letters
IS - 12
ER -