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(Sports) economics upside down? - a comment on the Advocate General opinion in European Super League versus UEFA/FIFA
Budzinski, Oliver - 2023
difficult search for a convincing theory of harm justifying the brutal enforcement of single-homing by the incumbent (section V). …
Persistent link: https://www.econbiz.de/10013539261
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Hayek’s Meaning of Competition and Antitrust in a Digital Age
Veljanovski, Cento - 2021
Friedrich A. von Hayek’s (1899-1992) view of competition as a discovery process is well known but little used. His central thesis is that a competitive pricing system is the most effective way to coordinate economic activity and economise on the information held by market participants in a...
Persistent link: https://www.econbiz.de/10013311543
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Raising Rivals' Costs Through Cartel Detection - Why Downstream Buyers Rather Face an Upstream Cartel than Downstream Competition
Clemens, Georg - 2018
This paper analyses how the endogenous detection of an upstream cartel by a down-stream buyer allows the detecting firm to raise rivals' cost. We model a market with a vertical structure, where a stable all-inclusive cartel is operating in the upstream market which provides an input to a...
Persistent link: https://www.econbiz.de/10012934303
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U.S. Convergence with International Competition Norms : Antitrust Law and Public Restraints on Competition
Cooper, James C.; Kovacic, William E. - 2014
In this Article we focus upon an area in which greater convergence of U.S. policy with the practice of many foreign countries is long overdue: the treatment of public policies that suppress competition. Whereas the European Union (“EU”) and numerous other jurisdictions have taken strong...
Persistent link: https://www.econbiz.de/10014039873
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Defining Unreasonably Exclusionary Conduct : The 'Exclusion of a Competitive Rival' Approach
Lambert, Thomas A. - 2013
liability rules that collectively would maximize monopolization doctrine's net benefits by minimizing the sum of its “decision …
Persistent link: https://www.econbiz.de/10013075441
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Close Competitors in Merger Review
Thomas, Stefan - 2015
of any theory of harm …
Persistent link: https://www.econbiz.de/10013020744
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Antitrust Beyond Competition : Market Failures, Total Welfare, and the Challenge of Intra-Market Second-Best Tradeoffs
Hammer, Peter J. - 2001
standard of analysis. Part I examines the theory of intramarket second-best analysis and outlines the parameters of the …
Persistent link: https://www.econbiz.de/10014155254
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Antitrust, Multi-Dimensional Competition, and Innovation : Do We Have an Antitrust-Relevant Theory of Competition Now?
Wright, Joshua D. - 2013
Harold Demsetz once claimed that 'economics has no antitrust relevant theory of competition.' Demsetz offered this … dimensions that are often inversely correlated such that a liability rule deterring one form of competition will result in more … liability standards for conduct involving both static product market competition and dynamic innovative activity. The primary …
Persistent link: https://www.econbiz.de/10014046270
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Emerging Theories of Competitive Harm in Merger Enforcement
Tucker, Darren S. - 2012
At least since the early 1980s, the core principles of merger enforcement policy have been stable. Horizontal mergers that create, enhance, or facilitate the exercise of market power and vertical transactions that adversely affect horizontal competition are condemned, and consumer welfare is the...
Persistent link: https://www.econbiz.de/10013110965
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Anticompetitive Effects in EU Competition Law
Ibáñez Colomo, Pablo - 2020
This article examines the meaning and scope of the notion of anticompetitive effects in EU competition law. It does so by bringing together several strands of the case law (and this across all provisions, namely Articles 101 and 102 TFEU and merger control). The analysis is structured around a...
Persistent link: https://www.econbiz.de/10012834288