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U.S. V. Microsoft : Did Consumers Win?
Evans, David A.; Evans, David S.; Nichols, Albert L.; … - 2022
U.S. v. Microsoft and the related state suit filed in 1998 appear finally to have concluded. In a unanimous en banc decision issued in late June 2004, the D.C. Circuit Court of Appeals rejected challenges to the remedies approved by the District Court in November 2002. The wave of follow-on...
Persistent link: https://www.econbiz.de/10014061553
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The Earnings of Linguistic Minorities : French in Canada and Spanish in the United States
Bloom, David E.; Grenier, Gilles - 2021
This paper measures and compares the relative earnings of French and English speakers in Canada, and of Spanish and English speakers in the U.S., in the 1970s and 1980s. In Canada, the earnings gap between French and English speakers narrowed over time, especially in Quebec. This decline appears...
Persistent link: https://www.econbiz.de/10013220946
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A Wolfram in Sheep'S Clothing : U.S. Economic Warfare in Spain, 1940-1944
Caruana, Leonard; Rockoff, Hugh - 2021
One of the most sustained uses of economic warfare by the United States occurred in Spain during WWII. We provide an … battles: (1) an oil embargo against Spain in the summer of 1940, (2) pre-emptive buying of wolfram (tungsten ore) during the … when Germany was going from victory to victory, was successful in helping keep Spain neutral because it forced the Franco …
Persistent link: https://www.econbiz.de/10013228277
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Bailouts and the Preservation of Competition
Roberts, James W. - 2011
Governments rescue private companies partly to prevent other firms from gaining excessive market power. However, if failing firms exit, new entry may limit remaining firms' market power if there are potential entrants who can be as effective competitors as the firms leaving the market. We...
Persistent link: https://www.econbiz.de/10013131956
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The Antitrust Analysis of Multi-Sided Platform Businesses
Evans, David S. - 2013
This Chapter provides a survey of the economics literature on multi-sided platforms with particular focus on competition policy issues, including market definition, mergers, monopolization, and coordinated behavior. It provides a survey of the general industrial organization theory of...
Persistent link: https://www.econbiz.de/10013087056
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Antitrust and Regulation
Carlton, Dennis W. - 2007
Since the passage of the Interstate Commerce Act (1897) and the Sherman Act (1890), regulation and antitrust have operated as competing mechanisms to control competition. Regulation produced cross-subsidies and favors to special interests, but specified prices and rules of mandatory dealing....
Persistent link: https://www.econbiz.de/10012777652
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Political Discretion and Antitrust Policy : Evidence from the Assassination of President Mckinley
Baker, Richard B. - 2018
We study the importance of discretion in antitrust enforcement by analyzing the response of asset prices to the sudden accession of Theodore Roosevelt to the presidency. During McKinley's term in office the largest wave of merger activity in American history occurred, and his administration did...
Persistent link: https://www.econbiz.de/10012908167
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Why We Need to Measure the Effect of Merger Policy and How to Do it
Carlton, Dennis W. - 2010
In this article, I explain the inadequacy of our current state of knowledge regarding the effectiveness of antitrust policy towards mergers. I then discuss the types of data that one must collect in order to be able to perform an analysis of the effectiveness of antitrust policy. There are two...
Persistent link: https://www.econbiz.de/10012757872
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Antitrust
Kaplow, Louis - 2010
This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...
Persistent link: https://www.econbiz.de/10012760415
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Antitrust in the Not-for-Profit Sector
Philipson, Tomas - 2010
Despite the conceptual differences between for-profit and non-profit firms stressed in conventional economic analyses of the non-profit sector, U.S. antitrust law generally does not distinguish between these two organizational forms. This paper argues that the same incentives to restrain trade...
Persistent link: https://www.econbiz.de/10012761672