Portuguese Abstract: O Brasil tem assistido a intensos debates acerca da definição das exceções à regra geral de neutralidade de redes prevista no Marco Civil da Internet. Nessas discussões, a literatura estrangeira tem se revelado a principal fonte de orientação no enfrentamento de...

We study innovation incentives in the presence of "product hopping," whereby the incumbent patents a minor modification of a drug (e.g., a new delivery method) and invests in marketing to switch demand towards the minor modification. In our setting firms compete sequentially to discover two...

The U.S. Bankruptcy code changed dramatically with the passage of The Bankruptcy Abuse Prevention and Consumer Protection Act Of 2005. This act increased the costs and decreased the benefits of bankruptcy to consumers. Supporters of the law claimed that it would benefit consumers as well as...

This Article begins with a discussion of the U.S. approach to analyzing acquisitions of potential competitors. We explain the need for exacting standards, including due to the increased difficulties of predicting the future world without the acquisition. Unlike with actual competition, with...

The presence of a hub-and-spoke conspiracy legally depends on whether a horizontal agreement exists among the spokes, commonly stated in terms of whether there is evidence of a “rim” that connects the spokes. This article shows that the circumstantial evidence a court may use to infer such...

In this paper, we provide an overview of the Italian legislation on interlocking directorates and its enforcement in the last decade. Italy is the only EU Member State to have introduced a specific anti-interlocking provision aimed at promoting competition in the banking, insurance, and...

In a patent infringement suit, the alleged infringer wins with a ruling of either patent invalidity or non-infringement. It is ambiguous which of these outcomes is preferred by the alleged infringer. Invalidity may increase current-period competition, but simultaneously removes constraints to...

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...

This Comment is submitted to the Infocommunications Media Development Authority (IMDA) for consideration in relation to its Convergence of Competition Code for the Media and Telecommunications Markets. Specifically, we address Part XII: Competition in a Digital Economy, where the IMDA engages in...