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The aim of this article is to explore the most recent appeals concerning illegal cartels under Article 101 TFEU by revealing the relevant principles underpinning both the substantive and the procedural review of price-fixing agreements. Arguments advancing a perceived ‘criminalisation' of the...
Persistent link: https://www.econbiz.de/10013031560
We provide an explanation for a frequently observed vertical restraint in ecommerce, namely that brand manufacturers partially or completely prohibit that retailers distribute their high-quality products over the internet. Our analysis is based on the assumption that a consumer's purchasing...
Persistent link: https://www.econbiz.de/10012947991
This paper evaluates four publicly discussed policy options to mitigate market power in the German wholesale electricity market. These four options are: a regulatory solution favoured by the Federal Ministry for Economics and Technology, the implementation of a day-ahead flow-based market...
Persistent link: https://www.econbiz.de/10012728666
We provide an explanation for a frequently observed vertical restraint in ecommerce, namely that brand manufacturers partially or completely prohibit that retailers distribute their high-quality products over the internet. Our analysis is based on the assumption that a consumer's purchasing...
Persistent link: https://www.econbiz.de/10011717196
In the advent of broadband technology, the telecommunications sector plays a more important role in the development of the economy. Despite the need for cheaper, faster, and more stable internet connectivity, the Philippines currently lags behind its ASEAN neighbors with an average broadband...
Persistent link: https://www.econbiz.de/10012935103
Recent claims that online platforms have secured permanent monopolies, protected by barriers to entry from network effects and stockpiles of data, and should be the focus of intense antitrust and regulatory scrutiny, are inconsistent with the economics, technology, and history of online...
Persistent link: https://www.econbiz.de/10012951065
This paper provides an economic analysis of recent vertical and horizontal mergers in the U.S. industry for audiovisual media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine economic effects of these types of mergers on market...
Persistent link: https://www.econbiz.de/10012869100
The General Court’s annulment of the European Commission’s finding that Intel’s conditional rebate scheme was an abuse of dominance underscores the Court’s readiness to scrutinise in detail the economic analysis, including the so-called as-efficient competitor (AEC) test. This paper...
Persistent link: https://www.econbiz.de/10014344263
The following is a compilation of book reviews and notices of notable books I have prepared over the past three years as U.S. Book Review editor for the World Competition Law & Economics Review and for the web site for the Institute for Consumer Antitrust Studies at Loyola University Chicago....
Persistent link: https://www.econbiz.de/10014215591
There are very few industries that can attract the attention of Congress, multiple federal and state agencies, consumer groups, economists, antitrust lawyers, the business community, farmers, ranchers, and academics as the agriculture workshops have. Of course, with intense interest from...
Persistent link: https://www.econbiz.de/10014195598