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For several years, an increasing number of commentators have been expressing concern that the U.S. has a growing market power problem. Further that dysfunction in the U.S. antitrust institutions, and their failure to protect competition, has damaged the economy. These concerns have led to...
Persistent link: https://www.econbiz.de/10012841656
This symposium issue, guest edited by Tim Büthe and Umut Aydin, brings together eight papers exploring, from multiple different disciplinary perspectives, “success and limits” of competition law and policy under conditions where they might be considered "most unlikely to succeed" (as the...
Persistent link: https://www.econbiz.de/10012930785
Since the 1970’s, there has been a progression toward market processes in nations once committed to comprehensive central economic planning. Multinational donors and individual Western countries have expended substantial resources to advise these nations about legal reforms designed to promote...
Persistent link: https://www.econbiz.de/10014175812
This paper provides comments on the investigation by the US House Judiciary Committee (“the Committee”) into the state of competition in the digital marketplace. The comments focus on the third topic identified by the Committee:"Whether the institutional structure of antitrust enforcement...
Persistent link: https://www.econbiz.de/10014096413
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Behavioral economics (BE) examines the implications for decision-making when actors suffer from biases documented in the psychological literature. This article considers how such biases affect regulatory decisions. The article posits a simple model of a regulator who serves as an agent to a...
Persistent link: https://www.econbiz.de/10013067654
The conventional wisdom is that the FTC was the governmental equivalent of a leper colony prior to 1969, and its credibility and reputation were restored only by the adoption of the wise recommendations in the 1969 ABA Report. There is no question that the FTC deserves plenty of criticism for...
Persistent link: https://www.econbiz.de/10013002579
The challenges and questions surrounding the design of a competition system are part of an identifiable life cycle that characterizes the development of a competition agency. The core challenges are to set priorities and execute them, but there are various potential obstacles. This article looks...
Persistent link: https://www.econbiz.de/10014171913
In its first decade, the International Competition Network has prospered, contributed to the development of widely accepted international policy norms, and come to exemplify the form of voluntary multinational collaboration that commentators have identified as a promising way to facilitate...
Persistent link: https://www.econbiz.de/10014175189