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Effective enforcement of the legal framework on market abuse in the EU requires that sanctions available to the competent authorities are effective, proportionate and dissuasive. However, sanctioning regimes based on administrative sanctions are regarded as generally weak. The European...
Persistent link: https://www.econbiz.de/10013020242
China's recent enforcement of its Anti-Monopoly Law (AML) has caused alarm and concern among Multinational Companies (MNCs). Many MNCs believe that the primary purpose of China's AML is not to create open, fair, and market-based competition but is to serve the Industrial Policy goals of China's...
Persistent link: https://www.econbiz.de/10013023648
Persistent link: https://www.econbiz.de/10011903716
Economic analysis is valuable in complex and empirical antirust issues. But it should be noted that the use of econometric technique is accompanied by the risk of its misuse. As lay judges can hardly understand the cognitive aims and methods of economics, they are prone to make an error in...
Persistent link: https://www.econbiz.de/10013127747
The following is a compilation of short book reviews I have prepared over the past two years for the World Competition Law & Economics Review or the Institute for Consumer Antitrust Studies, Loyola University Chicago School of Law website. In one case, the book discussed was published in 2010,...
Persistent link: https://www.econbiz.de/10013085786
The paper addresses the paradox that, although it is generally recognised among economists that minimum and fixed resale price maintenance can have both positive and negative effects on consumer welfare, the current approach under EC competition law can still be characterised as a de facto per...
Persistent link: https://www.econbiz.de/10013155036
This article looks at the distribution of two EC merger procedural events and examines the effect of the indefinite-length suspension of merger investigations. Although the ECMR refers to the suspension of investigations as an exceptional instrument, it is used in a high proportion of cases. As...
Persistent link: https://www.econbiz.de/10013155080
Platform businesses that facilitate connections between different stakeholders play an increasingly prominent role in the economy. In 2018, the U.S. Supreme Court issued a seminal decision, Ohio et. al. v. American Express, on the analysis of antitrust issues involving these sorts of businesses....
Persistent link: https://www.econbiz.de/10012837890
If the only thing one knew about US antitrust law were the decision of the United States Supreme Court, you would have a decidedly unbalanced view of the law. Defendants have won the vast majority of cases in that court since the early 1990s. The tone of the majority opinions of the Court has...
Persistent link: https://www.econbiz.de/10013055145
Antitrust and competition law have grown dramatically in importance and significance over the last fifty years. US antitrust law has been the principal source of inspiration for jurisdictions wishing to introduce regulation to control cartels and monopolization, and antitrust regulation has now...
Persistent link: https://www.econbiz.de/10012913418