Robert Lauer is a Senior Consultant / Principal in NERA’s Berlin Office. He specialises in antitrust/competition, working in litigation cases (damage quantification), merger analysis, and abuse of dominance, among others. He covers a range of industries such as energy, financial services, and transport, working with corporates, law firms, policymakers and regulators in jurisdictions like Germany, the UK, and the EU.
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Empirical findings of increased industrial concentration and corporate profit margins have led to some calls for stricter antitrust enforcement. In this paper, we examine the welfare implications of the alleged increase in market power. We find that trends in concentration and margins are mixed (...)
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