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The leniency rule revisited : experiments on cartel formation with open communication

Andres, Maximilian; Bruttel, Lisa Verena; Friedrichsen, Jana - 2021

The experimental literature on antitrust enforcement provides robust evidence that communication plays an important role for the formation and stability of cartels. We extend these studies through a design that distinguishes between innocuous communication and communication about a cartel,...

Persistent link: https://www.econbiz.de/10012406226

Active and Passive Institutional Investors and New Antitrust Challenges : Is EU Competition Law Ready?

Corradi, Marco Claudio - 2017

Has the antitrust arsenal run out of novel theories or weapons? Think again. Recent scholarship has come to challenge conventional wisdom with the latest target of antitrust imagination being institutional investors, including diversified index funds. New economic research suggests that common...

Persistent link: https://www.econbiz.de/10012952957

Common Ownership and Merger Control Enforcement

Azar, José; Tzanaki, Anna - 2021

Common ownership fundamentally upsets the well-settled merger enforcement ecosystem. Not only it challenges basic principles informing merger policy such as the presumed profitability of mergers for the merging firms and the merger-specificity of potential efficiencies but also it works against...

Persistent link: https://www.econbiz.de/10013234688

Dominant Platforms as (Quasi-)Regulators - An Economic Analysis of Competition on Platforms

Ripken, Gesche - 2021

Platform businesses have been pivotal in the rise of the digital economy. Amazon is one example of a platform taking on the role of a quasi-regulator; an entity that is able to determine the terms of interaction on the platform. This intermediary position entails the danger of anti-competitive...

Persistent link: https://www.econbiz.de/10013233108

Bork's hoax : antitrust and the internet market

Alleman, James H. - 2021

-sided markets. In addition, we argue that his "consumer welfare" criterion is misleading and liable to deceive, thus the hoax. The … Bork's definition of "consumer welfare" - it includes the economic rents of the firm - all at a cost to consumers … no producer's surplus - the estimated loss of consumers' welfare in $60.4 and $43.7 billion respectively from Google and …

Persistent link: https://www.econbiz.de/10012804859

Comparing Parent Company Liability in EU and US Competition Law

König, Carsten - 2018

It is a well-established principle of EU competition law that parent companies can be fined for antitrust infringements by their subsidiaries. Under the new EU Directive on Antitrust Damages Actions, parent company liability is likely to be extended to private antitrust suits. In the United...

Persistent link: https://www.econbiz.de/10012934622

Competition Law and Policy in the Digital Economy : Report From Spain

García García, José Marino - 2020

The paper provides an overview of the enforcement activity of the Spanish competition authority in the digital economy. It explores, in particular, (i) the authority's approach to market definition and the assessment of market power; (ii) the main theories of harm developed in its decisions; and...

Persistent link: https://www.econbiz.de/10012842903

Anticompetitive Effects in EU Competition Law

Ibañez Colomo, Pablo - 2020

This article examines the meaning and scope of the notion of anticompetitive effects in EU competition law. It does so by bringing together several strands of the case law (and this across all provisions, namely Articles 101 and 102 TFEU and merger control). The analysis is structured around a...

Persistent link: https://www.econbiz.de/10012834288

The 2022 Revision of China's Anti-Monopoly Law : Global Antitrust Institute Comments on Draft Provisions of the Supreme People's Court of the People's Republic of China Concerning Application of the Law in Civil Disputes Arising from Monopolistic Conduct

Raskovich, Alexander; Ginsburg, Douglas H.; Wright, … - 2023

China's revised Anti-Monopoly Law (AML) went into effect in August 2022. In November, the Supreme People's Court (SPC) requested comments on its draft provisions for applying the AML in civil disputes. The Global Antitrust Institute's comment discusses the importance of the AML's newly expressed...

Persistent link: https://www.econbiz.de/10014264078

Horizontal Shareholding within the European Competition Law Framework : Discussion of the Proposed Solutions

Fadiga, Riccardo - 2019

The literature shows that horizontal shareholding engenders significant anticompetitive effects and that no suitable instrument exists within European competition law which reliably and effectively can be applied to curtail such intrinsic effects. This Article analyses several proposals which...

Persistent link: https://www.econbiz.de/10012888878