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In this paper we compare the concepts of monopolization and abuse of dominance as in §2 of the Sherman Act and Article 102 of the TFEU, respectively. After identifying a number of distinctive features in wording and interpretation – including the special responsibility of the dominant firm,...
Persistent link: https://www.econbiz.de/10013079174
While the traditional literature and the policy statements concerning standardization as such emphasize the benefits of standardization, the intellectual property and competition law literature and policymaking has been more critical of standardization. Intellectual property is relevant, as the...
Persistent link: https://www.econbiz.de/10013031407
interim measures more boldly. Collusion should remain an enforcement priority but a procedural pathway to review agreements …
Persistent link: https://www.econbiz.de/10012838688
EU competition law is traditionally understood in two-dimensions: judicial control and enforcement. This paper considers a third dimension: its normative concerns in the context of EU law. In mapping the future of these dimensions, the paper asks if the understanding behind the modernisation of...
Persistent link: https://www.econbiz.de/10014099247
We consider a market with concentrated domestic buyers and concentrated foreign sellers and explore the extent to which domestic regulation helps to increase the buyers' countervailing power against the foreign sellers. We use the Shapley value to describe the distribution of the trade surplus...
Persistent link: https://www.econbiz.de/10014195921
In 2015, the Institute of Electrical and Electronics Engineers (IEEE) Standardization Association made some controversial changes to its patent policy. The changes include a recommended method of calculation of FRAND royalty rates, and a request to members holding a standard essential patent...
Persistent link: https://www.econbiz.de/10014124029
collusion. We introduce cartel culture that describes how likely cartels persist after each conviction. Our analysis …
Persistent link: https://www.econbiz.de/10014202627
In its Guidance Paper on Article 102 TFEU, the Commission established three conditions that in its view must normally be satisfied before a "refusal to deal" or "margin squeeze" may be considered contrary to Article 102 TFEU, mirroring those established by the European Court of Justice (the...
Persistent link: https://www.econbiz.de/10013129885
As the COVID-19 crisis unfolded, the European Commission (Commission) started labelling its enforcement of European Union (EU) competition law as exceptional. A Temporary Framework for State Aid was issued for the ‘current exceptional circumstances’ describing multiple types of aid dealing...
Persistent link: https://www.econbiz.de/10014351332
argue that market conditions in previous studies were unfavorable for collusion which may have been responsible for not … results again fail to support the focal-point hypothesis. Collusion is as unlikely in markets with a price ceiling as in …
Persistent link: https://www.econbiz.de/10014214028