This paper summarizes the peculiarities of online markets and discusses recent antitrust cases related to online markets. Following a brief description of the online markets' characteristics and potential tendencies for concentration the paper first discusses the antitrust allegations and...

As the embodiment of classical competition, freedom of contract was still a fundamental notion for the American economists of the Gilded Age. For this reason, it played a key role in the controversies about competition and regulation that agitated the US legal and political landscape between...

As markets change due to new technologies, shifts in consumer preferences or other conditions, the legal and policy framework need to adjust, too. The dilemma legislators and policy makers face when such changes take place is whether and how to intervene in such market situations and if they...