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In this paper, we describe the development and current status of anti-manipulation rules as they apply to wholesale electricity and natural gas markets in the United States and the European Union, including the institutions that are responsible for overseeing these rules. We then compare and...
Persistent link: https://www.econbiz.de/10013091121
The concepts of rentiership and intellectual monopoly have gained increased prominence in discussions about the transformation of global capitalism in recent years. However, there have been few if any attempts to construct measures for rentiership and intellectual monopoly using firm-level...
Persistent link: https://www.econbiz.de/10014282349
The concepts of rentiership and intellectual monopoly have gained increased prominence in discussions about the transformation of global capitalism in recent years. However, there have been few if any attempts to construct measures for rentiership and intellectual monopoly using firm-level...
Persistent link: https://www.econbiz.de/10015165475
The federal government spent $92 billion in direct and indirect subsidies to businesses and private-sector corporate entities - expenditures commonly referred to as corporate welfare - in fiscal year 2006. Supporters of corporate welfare programs often justify them as remedying some sort of...
Persistent link: https://www.econbiz.de/10014049078
Although typically modeled as a centralized firm decision, pricing often involves multiple organizational teams that have decision rights over specific pricing inputs. We study team input decisions using comprehensive data from a large U.S. airline. We document that pricing at a sophisticated...
Persistent link: https://www.econbiz.de/10014085175
This article looks at the commonalities and disparities in the rules against single-firm market abuses in the US and in the EU and their enforcement. Despite they target the same type of business behaviour, the US and the EU have always followed divergent paths. This article will examine...
Persistent link: https://www.econbiz.de/10012948819
When organizations in technology industries attempt to advance their innovative activities, they must be cognizant of the intellectual property rights of others. Patent thickets can thwart ongoing innovation, however, and throughout the last 150 years, firms have stumbled into a number of patent...
Persistent link: https://www.econbiz.de/10012915978
In the second direct challenge to the NCAA's amateurism rules, the Northern District of California court rejected an attempt by the NCAA and 11 conferences to dismiss claims that defendants violated antitrust law by “conspiring to impose an artificial ceiling on the scholarships and benefits...
Persistent link: https://www.econbiz.de/10012918266
The U.S.A. has been employing using all tactics to amend the Indian Patent Act and imposing techno-trade sanctions through special/super 301 Provisions of the 1988 Omnibus Trade and Competitiveness Act and exerting influence with U.S.-related international organisations like GATT/WTO, IMF to...
Persistent link: https://www.econbiz.de/10013056079
In a review of recent antitrust measures undertaken by the Biden Administration, this paper observes that antitrust theory and policy remains one decade behind in preempting and preventing the many harms from consolidation in healthcare markets. A version of of this article was delivered in...
Persistent link: https://www.econbiz.de/10014344126