8 resultados para counterfactual, competition law, ACCC
em Repositório digital da Fundação Getúlio Vargas - FGV
Resumo:
O objetivo deste trabalho discutir a aplicao da legislao de defesa da concorrncia no setor bancrio em relao a cinco aspectos: 1. experincia internacional de interao entre as autoridades de defesa da concorrncia e de regulao bancria; 2. aplicabilidade da Lei 8884/94 ao setor bancrio tendo em vista a legislao especfica do segmento; 3. adequao de tal aplicao tendo em vista as peculiaridades do setor, em particular as questes relativas ao risco sistmico existente em determinadas conjunturas; 4. providncias necessrias para conferir segurana jurdica aos atos realizados desde a edio da Lei 8884/94, bem como ao phasing in de regulao concorrencial do setor; 5. eventuais adaptaes que seriam necessrias para aplicao da Lei 8884/94 ao setor. O estudo apresenta argumentos econmicos e jurdicos para um sistema de competncias complementares entre o Banco Central e o CADE, alm de sugerir mecanismos operacionais para sua implementao prtica.
Resumo:
Esta pesquisa discute configuraes institucionais timas e sugere, nas atuais circunstncias brasileiras, mecanismos de cooperao inter-institucional, de sorte a maximizar a eficincia de aes conjuntas entre agncias regulatrias e de defesa da concorrncia, minimizando os custos de coordenao. A pesquisa contm trs partes. A primeira discute aspectos tericos de um sistema de competncias complementares entre a autoridade de defesa da concorrncia e a agncia regulatria, destacando suas eventuais vantagens comparativamente s possveis configuraes institucionais alternativas. A segunda contm breve sumrio da experincia histrico-concreta nos planos mundial e nacional, procurando situar, na medida do possvel, diferentes pases e setores em tipologia sugerida na primeira parte. A terceira apresenta algumas recomendaes de poltica.
Resumo:
Atravs do presente trabalho, buscar-se- analisar os efeitos e a extenso dos benefcios conferidos com a celebrao do acordo de lenincia com o Conselho Administrativo de Defesa Econmica (CADE), principalmente no que se refere garantia de imunidade quanto s sanes administrativas. Nesse contexto, o presente trabalho procurar verificar se a celebrao do acordo de lenincia com o CADE extingue a ao punitiva da Administrao Pblica, ou seja, se nenhum outro ente da Administrao Pblica direta e indireta pode aplicar qualquer sano administrativa empresa leniente. Em outras palavras, se a imunidade prevista na Lei n 12.529/2011 restrita ao mbito do CADE ou engloba toda a Administrao Pblica. Esse estudo revela-se importante, pois a possibilidade de outro rgo, tambm integrante da Administrao pblica, aplicar sanes administrativas empresa leniente, violaria o sistema punitivo da Administrao Pblica, visto que o mesmo deve ser analisado e interpretado de maneira uniforme e interligada, alm dos incentivos para a celebrao do citado acordo de lenincia serem reduzidos significativamente, caso outros rgos da Administrao Pblica possam aplicar sanes administrativas, como, por exemplo, a declarao de inidoneidade. Portanto, a anlise que ser desenvolvida neste trabalho de concluso de curso envolver institutos e discusses presentes no Direito Administrativo e tambm no Direito Concorrencial Brasileiro, especificamente no que se refere aos benefcios garantidos com a celebrao do acordo de lenincia, instituto que foi criado para combater as prticas anticompetitivas colusivas.
Resumo:
Este trabalho estuda o fenmeno do evergreening, definido como o uso de patenteamento secundrio para a obteno de extenso indevida na proteo patentria sobre uma criao, sob a perspectiva do direito da concorrncia no Brasil, Unio Europeia, Estados Unidos e ndia. Baseia-se em suas experincias com esta prtica para determinar a aplicabilidade do direito da concorrncia brasileiro e mais alternativas institucionais para abordar o problema.
Resumo:
This article examines the arising cross-border dispute resolution models (Cooperation and Competition among national Courts) from a critical perspective. Although they have been conceived to surpass the ordinary solution of a Modern paradigm (exclusive jurisdiction, choice of court, lis pendens, forum non conveniens, among others), they are insufficient to deal with problems raised with present globalization, as they do not abandon aspects of that paradigm, namely, (i) statebased Law; and (ii) standardization of cultural issues.
Resumo:
This dissertation investigates how credit institutions market power limits the effects of creditor protection rules on the interest rate and the spread of bank loans. We use the Brazilian Bankruptcy Reform of June/2005 (BBR) as a legal event affecting the institutional environment of the Brazilian credit market. The law augments creditor protection and aims to improve the access of firms to the credit market and to reduce the cost of borrowing. Either access to credit or the credit cost are also determined by bank industry competition and the market power of suppliers of credit. We derive a simple economic model to study the effect of market power interacting with cost of lending. Using an accounting and operations dataset from July/2004 to December/2007 provided by the Brazilian Central Bank, we estimate that the lack of competition in the bank lending industry hinders the potential reducing effect of the BBR on the interest rate of corporate loans by approximately 30% and on the spread by approximately 23%. We also find no statistical evidence that the BBR affected the concentration level of the Brazilian credit market. We present a brief report on bankruptcy reforms around the world, the changes in the Brazilian legislation and on some recent related articles in our introductory chapter. The second chapter presents the economic model and the testable hypothesis on how the lack of competition in the lending market limits the effects of improved creditor protection. In this chapter, we introduce our empirical strategy using a differences-in-differences model and we estimate the limiting effect of market power on the BBRs potential to reduce interest rates and on the spread of bank loans. We use the BBR as an exogenous event that affects collateralized corporate loans (treatment group) but that does not affect clean consumer loans (control group) to identify these effects, using different concentration measures. In Chapter 3, we propose a two-stage empirical strategy to handle the HStatistics proposed by Panzar and Rosse as a measure of market competition. We estimate the limiting effects of the lack of competition in replacing the concentration statistics by the HStatistics. Chapter 4 presents a structural break test of the concentration index and checks if the BBR affects the dynamic evolution of the concentration index.
Resumo:
The control of the spread of dengue fever by introduction of the intracellular parasitic bacterium Wolbachia in populations of the vector Aedes aegypti, is presently one of the most promising tools for eliminating dengue, in the absence of an efficient vaccine. The success of this operation requires locally careful planning to determine the adequate number of mosquitoes carrying the Wolbachia parasite that need to be introduced into the natural population. The latter are expected to eventually replace the Wolbachia-free population and guarantee permanent protection against the transmission of dengue to human. In this paper, we propose and analyze a model describing the fundamental aspects of the competition between mosquitoes carrying Wolbachia and mosquitoes free of the parasite. We then introduce a simple feedback control law to synthesize an introduction protocol, and prove that the population is guaranteed to converge to a stable equilibrium where the totality of mosquitoes carry Wolbachia. The techniques are based on the theory of monotone control systems, as developed after Angeli and Sontag. Due to bistability, the considered input-output system has multivalued static characteristics, but the existing results are unable to prove almost-global stabilization, and ad hoc analysis has to be conducted.
Resumo:
Exclusivity contracts can help stations by providing brand-value that allows them to obtain higher prots, relative to unbranded retailers. However, branded retailers may have a stronger negative eect over its competitors prots. It is not clear which one of these two eects dominates (brand-value vs competition eect). Therefore, the impact of exclusivity over the number of participants in the downstream market is not determined. In this paper, I empirically study the eects of exclusivity agreements on competition in the Brazilian gasoline sector. In order to do so, I estimate an entry model of endogenous product-type choices using data of retailers locations and contract choices along with data from the 2010 Brazilian Census. I use my estimates to simulate entry decisions under two counterfactual scenarios: i) mandatory exclusivity and ii) no exclusivity.
