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This work underlines some of the main issues that Member States face in attempting to reconcile national tort law systems with EU goals in competition law. As a matter of fact, the very notion of private enforcement tends to achieve two different purposes: on the one hand, corrective justice...
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On September 30, 2015, the United States Court of Appeals for the Ninth Circuit held in O’Bannon v. National Collegiate Athletic Association that the National Collegiate Athletic Association (“NCAA”) violated Section 1 of the Sherman Act by prohibiting member colleges from offering their...
Persistent link: https://www.econbiz.de/10014118963
Mark Zuckerberg introduced Libra to the world in June 2019 with the goal of “enabl[ing] a simple global currency and financial infrastructure that empowers billions of people.” Two months after, and without waiting for the project to be launched, the European Commission sent a questionnaire...
Persistent link: https://www.econbiz.de/10014099835
Policymakers across the political spectrum are debating the virtue of the application of antitrust law to the technology sector. Some are proposing radical reshaping of federal antitrust law that would expand federal control over the economy. Others appear to want to use antitrust as a way to...
Persistent link: https://www.econbiz.de/10013245179
In this article, the authors show that blockchain can help in reaching the goals of antitrust law in situations where the rule of law does not (fully) apply. They detail what needs to be done to this end, from both a technical and legal standpoint
Persistent link: https://www.econbiz.de/10013248037
Some legislators, especially on the far Left, have set their sights on making radical changes to federal antitrust law. They seek to weaponize antitrust law, such as by making it much easier for the federal government to wield antitrust power to reshape industries and the entire economy. This is...
Persistent link: https://www.econbiz.de/10013216724
Modern antitrust and competition law relies extensively on the firm as defined by Ronald Coase: a hierarchy reducing transaction costs thanks to vertical control, where such control defines the firm's boundaries. Meanwhile, the governance of public permissionless blockchains is horizontal....
Persistent link: https://www.econbiz.de/10012844163
This paper explores fundamental changes to the UK’s competition law private actions landscape. It examines how the Consumer Rights Act 2015 (‘CRA’) has paved the way for private enforcement to become an effective deterrent against anti-competitive behavior. These changes have been made...
Persistent link: https://www.econbiz.de/10014092558
Future Art. 102 TFEU cases concerning online platforms will require revisiting the process of the market definition in light of the complexities that are likely to arise due to the two- or multi sided nature of such platforms. This distinctive nature will firstly require determining the number...
Persistent link: https://www.econbiz.de/10014110540