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Big Tech is in the news. At the center of our political and economic dialogue is the effect that Amazon, Apple, Facebook, and Google have on our lives and what, if anything, governments should do about it. In this short piece, I explain how Big Tech has come under scrutiny, the antitrust...
Persistent link: https://www.econbiz.de/10012834909
Standards, common platforms allowing products to work together, are ubiquitous in our economy. But imagine that a company:(1) has a patent needed to use a standard, (2) promises to license the patent on reasonable terms, and then (3) says it was just kidding as it seeks to block the product or...
Persistent link: https://www.econbiz.de/10012831378
At long last, the Biden Administration has a permanent head of the Antitrust Division. Jonathan Kanter has much work to do. One easy place to begin? Cleaning up the “holdup” mess left by his predecessor, Makan Delrahim.Delrahim entered office in 2017 determined to shake things up. He had...
Persistent link: https://www.econbiz.de/10013314353
The internet traffic prioritization, traffic management, or network neutrality debate (however it is labeled) fundamentally centers on the question of how packet inspection technology can be used and, more specifically, if data packet inspection should be used to differentiate price and or...
Persistent link: https://www.econbiz.de/10014171028
One hot topic is whether Google has violated the antitrust laws. Another important topic is how behavioral economics can enrich antitrust policy. This Essay examines two implications of behavioral economics on antitrust monopolization law. The Essay first discusses trial-and-error learning as an...
Persistent link: https://www.econbiz.de/10014175581
The Microsoft cases in the United States and in Europe have been influential in determining the contours of the substantive liability standards for dominant firms in US antitrust law and in EC Competition law. The competition law remedies that were adopted, following the finding of liability,...
Persistent link: https://www.econbiz.de/10014204494
The Microsoft case (U.S. vs Microsoft, 1998) is paradigmatic of some of the most important features of an antitrust case, like the definition of the relevant market, the detection of the market power and of its abuse. In the software industry, as the companies are competing on the standard of...
Persistent link: https://www.econbiz.de/10014159349
The Microsoft case (U.S. vs Microsoft, 1998) is paradigmatic of some of the most important features of an antitrust case, like the definition of the relevant market, the detection of the market power and of its abuse. In the software industry, as the companies are competing on the standard of...
Persistent link: https://www.econbiz.de/10014159608
This study analyzes and contrasts the U.S. and EU antitrust standards on bundling (in its various forms) and tying. The analysis is applied to the U.S. and EU cases concerning Microsoft's practice of integrating (tying) new products (Internet Explorer in the U.S. and Windows Media Player in the...
Persistent link: https://www.econbiz.de/10014047962
We investigate whether licensing agreements are an appropriate tool for firms to resolve blocking and hold-up problems in high-tech industries. We use a novel and comprehensive database on licensing agreements as well as detailed firm-level information on revenues and patents in the...
Persistent link: https://www.econbiz.de/10012951297