This article discusses the application of transaction cost economics (TCE) to the specification of antitrust legal rules and antitrust remedies and explains why the application of TCE analysis may lead to very different legal rules and remedies from approaches that ignore TCE considerations....

This paper discusses the application of transaction cost economics (TCE) to the specification of antitrust legal rules and antitrust remedies and explains why the application of TCE analysis may lead to very different legal rules and remedies from approaches that ignore TCE considerations....

This report analyzes the issues of the current antitrust case against Microsoft from an economic perspective. This report presents the main charges by the Justice Department and Microsoft's defense against these charges. Both the Justice Department's and Microsoft's arguments are then analyzed...

This Chapter provides a survey of the economics literature on multi-sided platforms with particular focus on competition policy issues, including market definition, mergers, monopolization, and coordinated behavior. It provides a survey of the general industrial organization theory of...

Platform businesses that facilitate connections between different stakeholders play an increasingly prominent role in the economy. In 2018, the U.S. Supreme Court issued a seminal decision, Ohio et. al. v. American Express, on the analysis of antitrust issues involving these sorts of businesses....