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This paper looks at whether the standard unilateral effects model can be applied to non-price competition parameters such as innovation. This question arises because competition authorities are intervening in horizontal mergers that are found to give rise to a “significant impediment to...
Persistent link: https://www.econbiz.de/10012852989
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Unreasonably exclusionary conduct, the element common to monopolization and attempted monopolization offenses under Section 2 of the Sherman Act, remains essentially undefined. Federal courts, including the U.S. Supreme Court, have purported to define the term, but the definitions they have...
Persistent link: https://www.econbiz.de/10013075441
On 26 March 2018, news broke that the global ride-hailing giant Uber agreed to sell its Southeast Asian operations to its local competitor Grab. Four days later, a CoRe Blog post put forward a first assessment of the potentially anti-competitive consequences of the merger as well as the related...
Persistent link: https://www.econbiz.de/10012837079
Should the FTC have allowed Zillow to acquire its foremost rival, Trulia? It is increasingly well-accepted that digital platforms tend toward dominance in their immediately adjacent relevant-product markets. Google, for example, has long held a majority share of the markets for general-search...
Persistent link: https://www.econbiz.de/10012958316
America's failing antitrust system is, in large part, to blame for today's market power problem. Lax antitrust law and enforcement have allowed troubling trends like corporate consolidation to remain unchallenged, further embedding our skewed economy. In highly consolidated markets, consumers...
Persistent link: https://www.econbiz.de/10012850758
Bigness as such is not an offence in the EU. Nonetheless, in several EU- and Non-EU-jurisdictions there exist powers to order the breaking up of large firms if this is deemed necessary to remedy adverse effects on competition even if they were not created by an unlawful merger or by abusive...
Persistent link: https://www.econbiz.de/10013018589
We examine the merits of competition cases brought against Google with respect to alleged search bias. The four key steps in a structured investigation into an alleged abuse of dominance/monopolization/unfair method of competition are:1) characterization of the conduct, 2) market definition, 3)...
Persistent link: https://www.econbiz.de/10012990666
Persistent link: https://www.econbiz.de/10012991958
The rise of the platform economy has been the subject of celebration and critique. Platform companies like Uber, Airbnb, and Postmates have been rightfully celebrated as positively disruptive, introducing much–needed competition in industries that have been otherwise over–mature and...
Persistent link: https://www.econbiz.de/10012931991