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Lead jurisdiction models represent one option how to extend and enhance contemporary interagency cooperation among competition policy regimes. They constitute a multilateral, case-related form of cooperation that is suited to effectively create a one-stop-shop for the prosecution of...
Persistent link: https://www.econbiz.de/10010366940
The phrase 'international competition law' is something of a misnomer. There is no supranational authority charged with generating, applying, or enforcing competition law, there are almost no binding international agreements on the subject, and there are no international requirements with...
Persistent link: https://www.econbiz.de/10013097926
Professors Einer Elhauge and Damien Geradin begin the preface to their new casebook, Global Competition Law and Economics, by observing that "[n]o one would think of writing a casebook on Massachusetts antitrust law." They then suggest that for similar reasons an approach to antitrust law based...
Persistent link: https://www.econbiz.de/10014221564
Market power is the most important determinant of liability in competition law cases throughout the world. Yet …
Persistent link: https://www.econbiz.de/10011581951
Excessive pricing by a dominant firm is unlawful in many countries. To assess whether it is excessive, the dominant firm's price is often compared with price benchmarks. We examine the competitive implications of two such benchmarks: a retrospective benchmark where the price that prevails after...
Persistent link: https://www.econbiz.de/10012891622
In economic literature, it is considered whether price squeezes constitute anticompetitive conduct requiring antitrust investigation. In this paper, I contemplate the intent element in exclusionary conduct. I posit that price squeezes should be prohibited, and that this should constitute an...
Persistent link: https://www.econbiz.de/10013016028
In recent years, progressive public intellectuals and prominent scholars have asserted that monopoly power lies at the root of wealth inequality and that increases in antitrust enforcement are necessary to stem its rising tide. This claim is misguided. Exercises of market power have complex,...
Persistent link: https://www.econbiz.de/10013017197
Over the past forty years, antitrust has come to embrace a goal of consumer welfare maximization that cannot be achieved solely through condemnation of collusive or exclusionary conduct. To address cases in which firms achieve the power to raise prices and harm consumers without engaging in...
Persistent link: https://www.econbiz.de/10012934580
Persistent link: https://www.econbiz.de/10013148262
Brunei must enact an effective competition policy in order to participate as a member in regional trading blocs like the APEC, ASEAN and the Trans-Pacific Partnership. What effect would Brunei's Competition Order have on Brunei - and specifically its small and medium enterprises or SMEs (the...
Persistent link: https://www.econbiz.de/10011753928