This paper looks at whether the standard unilateral effects model can be applied to non-price competition parameters such as innovation. This question arises because competition authorities are intervening in horizontal mergers that are found to give rise to a “significant impediment to...

Competition law accommodates two different contexts within which economics may be applied, each defined by a distinct type of cause-effect relationships. First, there are effects of competition law on business conduct (deterrence effects), embodying the fact that businesses take into account...

Hong Kong has only had cross-sector competition law since 2015, but the city’s telecommunications markets have been subject to sector-specific antitrust provisions for over two decades. The importance of nurturing an efficient, innovative, and competitive telecoms industry for Hong Kong’s...

Competition and consumer protection law are intimately related, two sides of the same coin of consumer sovereignty and hence economic justice. Somewhat surprisingly, this relationship is only beginning to be recognized by academics and policy makers. Even more interestingly, the fundamental...

Increasingly, firms are knitting together newly available mass data collection, Internet-driven interconnective power, and automated algorithmic selling with their traditional supply-chain and sales functions. Traditional sales functions such as competitive intelligence gathering and pricing are...

Concerns around the anti-competitive effects of common ownership by institutional investors in competing firms have previously been raised by scholars. Recent empirical evidence has further fueled the debate, causing the European Commission to use common ownership as an ‘element of context’...

The digitalisation of the economy and the emergence of players like online platforms and other digital service providers have brought new challenges for the effective enforcement of EU laws. This contribution looks at how public enforcement could be optimised in the EU by enhancing co-operation...

The digitalisation of the economy and the emergence of players like online platforms and other digital service providers have brought new challenges for the effective enforcement of EU laws. This contribution looks at how public enforcement could be optimised in the EU by enhancing co-operation...

It has been argued that competing banks make inefficiently frequent use of collateralization in situations where they are better able to evaluate a project's risk than entrepreneurs. We study the bank's choice between screening and collateralization in a model where banks do not have this...