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After a three-year investigation the German Competition Authority found Facebook's data policy abusive. In the authority's assessment, by making the use of its social-networking service conditional upon users granting extensive permission to collect and process their personal data, Facebook...
Persistent link: https://www.econbiz.de/10012889604
Something old and important is lost sight of in a case like Ohio v. American Express, the Supreme Court's recent adoption of "platform" or "two-sided market" theory in American antitrust, and in theoretical efforts like the one on which it is based. A rarely discussed idea built in to American...
Persistent link: https://www.econbiz.de/10012892397
This comment is submitted by the Global Antitrust Institute (GAI) at Scalia Law School at George Mason University to the U.S. Federal Trade Commission regarding its hearings on Competition and Consumer Protection in the 21st Century, The Consumer Welfare Standard in Antitrust Law. The GAI...
Persistent link: https://www.econbiz.de/10012911574
Antitrust and competition law have grown dramatically in importance and significance over the last fifty years. US antitrust law has been the principal source of inspiration for jurisdictions wishing to introduce regulation to control cartels and monopolization, and antitrust regulation has now...
Persistent link: https://www.econbiz.de/10012913418
The rise of so-called “safe harbors” – conditions that, when satisfied, trigger a presumption of legality – is among the most prominent features of the evolution of antitrust law in the modern era. The emergence of antitrust safe harbors occurred quickly and is attributable to...
Persistent link: https://www.econbiz.de/10012981541
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
The antitrust laws are increasingly used to prosecute alleged acts of market manipulation, particularly against firms in the banking and energy industries. Both industries are now regulated subject to fraud-based market manipulation rules, but antitrust remains a vehicle on which private claims...
Persistent link: https://www.econbiz.de/10012964287
Any scheme for private antitrust enforcement is framed by two main questions: who will have standing – direct or indirect purchasers – and will the passing-on defense be allowed. Imagine that a cartel of oil producers forces gas stations – direct purchasers – to buy petrol at a higher...
Persistent link: https://www.econbiz.de/10013037113
In this paper we set out the welfare economics based case for imposing cartel penalties on the cartel overcharge rather than on the more conventional bases of revenue or profits (illegal gains). To do this we undertake a systematic comparison of a penalty based on the cartel overcharge with...
Persistent link: https://www.econbiz.de/10013046043
The decade of enforcement of EU competition rules under the decentralized enforcement system introduced by the Regulation 1/2003 has turned the national competition authorities (NCAs) into the primary enforcers of the Articles 101 and 102 TFEU. Despite the substantial number of investigations...
Persistent link: https://www.econbiz.de/10013028799