Tag: Bureau of Economics

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This paper considers the effects of refinery outages (due to planned turn-arounds or unplanned events) on current petroleum product prices and future refinery investment. Empirical evidence on these relationships is mixed and highly dependent on the size and duration of the outage,...
In a recently published article, we discuss our finding that generic drug companies successfully use low-pricing strategies to discourage entry by new competitors in certain circumstances.
McSweeny, named an FTC Commissioner by President Obama and confirmed by the Senate, began her official duties on April 28.
Increased competition from the Internet has raised a concern of product quality for online prescription drugs. The Food and Drug Administration (FDA) prohibits the importation of unapproved drugs into the US and the National Association of Boards of Pharmacy (NABP) emphasizes their...
Consumers once shopped predominantly at their local stores; but first mail order catalogs and today the Internet have created new ways to shop for and purchase a wide range of goods and services. Similarly, consumers once arranged for taxis by hailing one from a street corner or by...
Efforts to understand the relationship between market structure and the quality of health services are complicated by the non-random character of patients' choices of where to receive care. To address this problem, I construct an empirical model of health outcomes for dialysis...
The Federal Trade Commission staff submitted a comment in response to a request from the Commonwealth of Massachusetts Department of Public Utilities (Mass. DPU) for comments on its investigation of dynamic pricing for residential electricity customers. Dynamic prices are rates that vary over time...
Federal Trade Commission staff, in response to a request for public comment from the Centers for Medicare and Medicaid Services (CMS), submitted comments on March 7, 2014 on CMS’s proposed changes in contracting for Medicare Part D.
The Federal Trade Commission Microeconomics Conference is held annually in the fall and brings together researchers from universities throughout the world, other government agencies, and other organization to discuss issues related to the FTC’s 100-year long antitrust, consumer...
A summary report on the Federal Trade Commission (FTC) conference “Behavioral Economics and Consumer Policy Conference,” held on April 20, 2007 in Washington, DC. Sponsored by the Bureau of Economics, the conference brought together leading researchers from various fields to present...
Every new year brings an opportunity for reflection on the past and the future. 2014 is a milestone for the Federal Trade Commission as it marks 100 years since President Woodrow Wilson signed the FTC Act into law. We will be commemorating our centennial throughout the year by...
With the agency’s 100th anniversary just around the corner, we’re giving the public an updated FTC.gov. The revised site provides better access to information about us and our efforts to protect consumers and promote competition.  When we designed the site, we listened to advice from...
Welcome to Competition Matters, the FTC’s newest blog for all things competition. We hope to become your go-to spot for the latest insights and events from the Bureau of Competition, the Bureau of Economics, and the Office of Policy Planning. We’ll also have occasional missives from...
Economists at the Federal Trade Commission pursue the agency’s competition and consumer protection missions. In this year’s essay, with respect to antitrust we discuss the analysis that is used in two areas where the Commission has recently been active: physician combinations and...
The Federal Trade Commission's Bureau of Economics will host a two day conference to bring together scholars working in areas related to the FTC’s antitrust, consumer protection and public policy missions. Those areas include industrial organization, information economics, privacy,...
The Federal Trade Commission's Bureau of Economics, Northwestern University’s Searle Center on Law, Regulation and Economic Growth, and Northwestern University’s Center for the Study of Industrial Organization will host a two day conference to bring together scholars working in areas...
The two-day conference brought together scholars working in industrial organization, information economics, game theory, quantitative marketing, consumer behavior, and other areas related to the FTC’s antitrust and consumer policy missions. Examples of topics included discrimination...
The Federal Trade Commission's Bureau of Economics hosted a two day conference to bring together scholars working in industrial organization, information economics, game theory, quantitative marketing, consumer behavior, and other areas related to the FTC’s antitrust and consumer...
Federal Trade Commission Chairwoman Edith Ramirez announced three appointments to leadership positions in the agency. “It’s gratifying to have such great additions to the FTC’s leadership team,” Ramirez said.  “I know they will assist the agency in advancing its mission on behalf of American...
In May 2007 the Federal Trade Commission failed to win a preliminary injunction in U.S. District Court that would have blocked the merger of two refiners that served Albuquerque, NM and surrounding areas. This study compares estimates of the post-merger price effect to the price...

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