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The UK Office of Fair Trading (OFT) has been a highly rated competition law enforcer. Yet its antitrust performance activities fall far short of this image. Here a critical assessment is made of the OFT's antitrust enforcement activities, and the claim that there is quantitative survey evidence...
Persistent link: https://www.econbiz.de/10012938573
In this journal, James Langenfeld critically reviewed four of the present authors' articles that analyze the size of cartel overcharges and their antitrust policy implications. In this comment, we explain why we believe Langenfeld errs in his criticism of our work. In particular, this comment...
Persistent link: https://www.econbiz.de/10012947484
The analysis of unilateral effects in horizontal mergers — especially on markets for differentiated goods — can take into consideration the extent to which the merging firms are close competitors. The elimination of a close competitor can result in an upward pricing pressure (UPP) on the...
Persistent link: https://www.econbiz.de/10013020744
State's policies for agricultural markets may vary significantly among jurisdictions. Interest groups exercise a great deal of pressure over State organisms, ranging from the Congress to the Executive agencies that regulate or survey these markets. Therefore, a special treatment awarded by the...
Persistent link: https://www.econbiz.de/10013021713
The Court of Justice of the European Union recently handed down a decision on a novel question which, when combined with other developments relating to reforms of antitrust damages claims, could have serious consequences for the future of antitrust damages claims in Ireland and the European...
Persistent link: https://www.econbiz.de/10013000489
Antitrust remedies are a central part of the competition policy toolbox. Their actual use and design depends on interrelated factors such as the Antitrust Authority's analytical capabilities, institutional design and bargaining power. Economics can contribute to the design of remedies, using a...
Persistent link: https://www.econbiz.de/10012318070
This article is an allegory. The year is 2030, with the Supreme Court taking up an all-too familiar present-day antitrust problem of a dominant firm on one side and a cartel on the other. Using precedent from present day, the future Supreme Court deftly rules that Goliath beats David and his...
Persistent link: https://www.econbiz.de/10012932256
Patent licensing contracts commonly prohibit licensees from challenging the validity of the patents at the basis of the contract or penalize such challenges. A considerable debate has emerged as to whether courts should enforce these challenge clauses. We argue that this debate has not gone far...
Persistent link: https://www.econbiz.de/10012935082
Persistent link: https://www.econbiz.de/10012907038
Sanjukta Paul and Hal Singer (P&S) responded to my recent CPI Comment, “News Media Cartels are Bad News for Consumers,” which addressed the likely harm that would arise from the proposed Journalism Competition and Preservation Act, if passed. P&S criticize my conclusion that the legislation...
Persistent link: https://www.econbiz.de/10012868237