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Antitrust law is not the solution to soaring unemployment but it would be a mistake to assume that antitrust has no role to play in fostering jobs. If antitrust law is properly applied -- consistent with its traditional objectives of stimulating competition, expanding output and fighting...
Persistent link: https://www.econbiz.de/10014163839
The Global Antitrust Institute (“GAI”) respectfully submits this Comment to the U.S. Department of Justice (“DOJ”) and the Federal Trade Commission (“FTC”) in connection with their Request for Information on Merger Enforcement (“Merger RFI”) This comment addresses the questions...
Persistent link: https://www.econbiz.de/10013291870
Recent research indicates that labor market power has contributed to wage inequality and economic stagnation. Although the antitrust laws prohibit firms from restricting competition in labor markets like in product markets, the government does little to address the labor market problem and...
Persistent link: https://www.econbiz.de/10014115911
We evaluate the impact of the Washington State Attorney General's enforcement campaign against employee no-poaching clauses in franchising contracts, which unfolded from 2018 through early 2020. Implementing a staggered difference-in-differences research design using Burning Glass Technologies...
Persistent link: https://www.econbiz.de/10014317885
Recent empirical studies have revealed that labor market monopsony is far more common than previously thought, and that there is a strong correlation between wage suppression and labor market concentration. Yet few antitrust cases have been brought by workers against employers who exercise...
Persistent link: https://www.econbiz.de/10012894716
obstacles to meritorious antitrust claims. Under classic theory, a monopsonist lowers input prices causing some input providers …
Persistent link: https://www.econbiz.de/10014347657
Persistent link: https://www.econbiz.de/10013326853
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The purpose of this working paper is to bring a behavioral lens to the review and analysis of the competition literature on labour market power, monopsony, and oligopsony, the behavioral and more conventional labour market economics literatures that are relevant to labour market competition and...
Persistent link: https://www.econbiz.de/10014254260
Using resume data on over 45 million U.S. workers, we find that the flow of employees between a pair of firms sharply drops by about 20% when the firms start to share a director on their boards. We find no trend prior to initiation, and the reduced flows persist throughout the overlapping...
Persistent link: https://www.econbiz.de/10014349170