Information sharing, market competition and antitrust intervention: a lesson from the Italian insurance sector

C-Tier
Journal: Applied Economics
Year: 2012
Volume: 44
Issue: 3
Pages: 351-359

Score contribution per author:

1.009 = (α=2.02 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

By means of an application of the Rosse--Panzar methodology, we assess the degree of competition in the Italian car insurance market in order to evaluate the considerable fine that is imposed on 39 companies by the Italian Antitrust Authority (IAA) in 2000 for their supposed anticompetitive behaviour due to a longstanding information exchange through a third independent company. Our results show that this group of firms has earned revenues as if under monopoly or collusive oligopoly conditions, therefore endorsing the decision of IAA.

Technical Details

RePEc Handle
repec:taf:applec:44:y:2012:i:3:p:351-359
Journal Field
General
Author Count
1
Added to Database
2026-01-25