Leniency clauses, offering cartelists legal immunity if they blow the whistle on each other, is a recent anti-trust innovation. The authorities wish to thwart cartels and promote competition. This effect is not evident, however; whistle-blowing may enforce trust and collusion by providing a tool...

Trotz schrittweiser Erfolge bei der Liberalisierung der europäischen Elektrizitätsmärkte lässt die Wettbewerbsintensität auf den Großhandelsmärkten in vielen Ländern noch zu wünschen übrig. Dementsprechend sind die Preise im Verhältnis zum wettbewerblichen Referenzmaßstab zu hoch....

Im Dezember vergangenen Jahres hat das Europäische Parlament einer Vorlage der Europäischen Kommission zugestimmt, wonach die Schutzrechte für das Design von Auto-Ersatzteilen eingeschränkt werden sollen. Für Ersatzteile, deren Design maßgeblich für ihre Funktionalität oder ihr äußeres...

The essay examines the genesis of the concept of the market, the conditions that must be met for it to be used in economic analysis, and the reasons why the concept is questionable. In order for the concept of market to play a significant and non-contradictory role in economic (and antitrust)...

This Article challenges the various jurisdictional theories that underpin the FCC’s net neutrality regulation. The assertion of jurisdiction by the FCC over any aspect of the Internet ecosystem has raised populist, congressional, and even judicial rhetoric to a crescendo and resulted in a...

The essay examines the genesis of the concept of the market, the conditions that must be met for it to be used in economic analysis, and the reasons why the concept is questionable. In order for the concept of market to play a significant and non-contradictory role in economic (and antitrust)...

This article examines antitrust analysis when one of the possible subject products of an antitrust or merger is ordinarily offered at a zero price. It shows that businesses often offer a product for free because it increases the overall profits they can earn from selling the free product and a...

This paper examines the effects of European Commission's (EC) new leniency program on the EC's capabilities in detecting and deterring cartels. As a supplementary analysis, the US leniency is studied. I discuss a dynamic model of cartel formation and dissolution to illustrate how changes in...

Is monopoly the inevitable market outcome for a network industry without regulation? Policy related to network communications industries historically has been based on the assumption that the characteristics of these industries will lead to high concentration, and ultimately monopoly. However,...

There are very few industries that can attract the attention of Congress, multiple federal and state agencies, consumer groups, economists, antitrust lawyers, the business community, farmers, ranchers, and academics as the agriculture workshops have. Of course, with intense interest from...