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definition of markets is central to the legal enforcement of antitrust statutes, the paper examines non-transactional multisided …
Persistent link: https://www.econbiz.de/10012151937
Robert Bork's Antitrust Paradox (1978) has been justification for lack of antitrust behavior for over four decades. His … it to the other side of the market and eliminating producer's surplus - that much needed antitrust action has been … ignored by this narrow criterion. This analysis indicates that antitrust action is long overdue after considering two …
Persistent link: https://www.econbiz.de/10012804859
We provide a novel explanation for why manufacturers want to enforce a minimum resale price (min RPM) on retailers. A manufacturer sells her good via a multi-product retailer to final consumers by charging a linear wholesale price. The manufacturer then maximizes her profit through min RPM...
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Google are two-sided markets, their economic rents are "hidden" from the public (and, apparently, from the antitrust … examines the potential for antitrust cases against Facebook and Google as a response to their perceived threats to consumer … privacy, political influences and advertising dominance. The argument for antitrust action against them is based on the …
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