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While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U.S. antitrust cartel prosecutions during the period...
Persistent link: https://www.econbiz.de/10013003617
While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U.S. antitrust cartel prosecutions during the period...
Persistent link: https://www.econbiz.de/10013012564
Because of the reliance on market analysis, current competition law may not be sufficiently fit for taking account of disruptive innovation which leads to the introduction of new products or services overthrowing existing markets. In the US, innovation has been given a more prominent place in...
Persistent link: https://www.econbiz.de/10010395764
Antitrust reform advocates view the acquisition of small innovative companies by large technology “platform” companies as a primary competitive problem in digital markets. To remedy this perceived problem, these advocates recommend restrictions on mergers and acquisitions including...
Persistent link: https://www.econbiz.de/10013231953
Since 2010, Google, Apple, Facebook, Amazon, and Microsoft (GAFAM) have acquired more than 400 companies. Competition authorities did not scrutinize most of these transactions and blocked none. This raised concerns that GAFAM acquisitions target potential competitors yet fly under the radar of...
Persistent link: https://www.econbiz.de/10012793220
In the past 20 years, large digital platforms have made many acquisitions, mainly young and innovative startups. Few of them have been reviewed by competition authorities and little is known on their evolution after acquisition. This paper intends to fill in this gap by looking at the...
Persistent link: https://www.econbiz.de/10014505345
“Software platforms are the invisible engines that have created, touched, or transformed nearly every major industry for the past quarter century. They power everything from mobile phones and automobile navigation systems to search engines and web portals. They have been the source of enormous...
Persistent link: https://www.econbiz.de/10012996908
The digital transformation "revolutionizes" entire economies and societies. It can be interpreted as a Schumpeterian technological and economic revolution that fits well into his "Theory of Economic Development" written more than 100 years ago. This paper analyzes three current policy debates...
Persistent link: https://www.econbiz.de/10013300105
Access to knowledge is a demand for democratic participation, for global inclusion and for economic justice. It is a reaction to the excessively restrictive international IP regime put in place over the last two decades, which seeks to reassert the public interest in a more balanced information...
Persistent link: https://www.econbiz.de/10014044325
The conventional wisdom in Egypt examines the issue of intellectual property solely as a question of policing and enforcement. The high levels of protection indicated by the WTO Agreement on Trade Related Aspects of Intellectual Property Rights are unquestioningly assumed to be desirable. Policy...
Persistent link: https://www.econbiz.de/10014044331