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This paper focuses on institutional design aspects of the enforcement of competition law and other procompetitive regulation in fintech markets. Those interventions may prove necessary because the market entry of technology-enabled innovation may depend on accessing other (competing) market...
Persistent link: https://www.econbiz.de/10014237978
Antitrust jurisdictions all over the world are looking at new rules for digital markets to manage possible forms of monopolization because the consumer welfare standard would be ill-adapted to ensure competition in digital platforms. This paper proposes a different solution by exploring a...
Persistent link: https://www.econbiz.de/10013306565
This article examines a worldwide shift in laws, policies, and practices pertaining to intermediaries’ role in online copyright enforcement. We use a comparative methodology to expose an emerging trend in jurisdictions, including Australia, Belgium, Canada, China, the European Union, France,...
Persistent link: https://www.econbiz.de/10014199515
Artificial intelligence (AI) presents a major governance challenge given the complexity of its applications and the speed of its development. This paper first makes the case that "soft law" will and should play a major role in the governance of AI. Soft law consists of instruments that impose...
Persistent link: https://www.econbiz.de/10014090088
China's securities regulator enforces insider trading prohibitions pursuant to non-legal and non-regulatory internal “guidance”. Reported agency decisions indicate that enforcement against insider trading is often possible only pursuant to this guidance, as the behavior identified is far...
Persistent link: https://www.econbiz.de/10013111641
Although both in US antitrust and European competition law there is a clear evolution to a much broader application of "rule of reason" (instead of per-se rules), there is also an increasing awareness of the problems of a case-by-case approach. The "error costs approach" (minimizing the sum of...
Persistent link: https://www.econbiz.de/10003865832
The main goal of this academic paper is to provide an assessment of the current Antitrust regulatory framework in Serbia along with an analysis of Antitrust Commission practice in this field. This paper comprises of five sections. The first section focuses on the general provisions of Antitrust...
Persistent link: https://www.econbiz.de/10011534120
Merger enforcement today relies on settlements more than litigation to resolve anti-competitive concerns. The impact of settlement policy on welfare and the proper goals of settlement policy are highly controversial. Some argue that gun-shy agencies settle for too little while others argue that...
Persistent link: https://www.econbiz.de/10013089150
The aim of this article is to draw on original research and an analysis of legal precedents to discuss the baseline treatment which operators and economic policy actors in a crisis-stricken sector must now expect from competition authorities in the European Union. This article focuses on...
Persistent link: https://www.econbiz.de/10013000800
Persistent link: https://www.econbiz.de/10013001423