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Income growth for typical American families has slowed dramatically since 1973. Slower productivity growth and an increase in income inequality have both contributed to this trend. This paper addresses whether there is a relationship between the productivity slowdown and the increase in...
Persistent link: https://www.econbiz.de/10012917267
Since the seminal paper of Rochet and the Nobel Prize laureate Tirole in 2003, the theory of multisided markets has garnered considerable academic attention. The practical application of the theory remains, however, challenging. This article seeks to bring together the key features of multisided...
Persistent link: https://www.econbiz.de/10012923696
In what should have been an exemplary case and a plea of an enforcement untamed and far away from the Chicago approach, the EU commission ruled, in 2009, that Intel, holding approximately a 70% share in the market for computer chips, in the period 2002-2007 abused its market power by putting in...
Persistent link: https://www.econbiz.de/10012931597
The rise of the platform economy has been the subject of celebration and critique. Platform companies like Uber, Airbnb, and Postmates have been rightfully celebrated as positively disruptive, introducing much–needed competition in industries that have been otherwise over–mature and...
Persistent link: https://www.econbiz.de/10012931991
violating the SEP holder's commitment. The case for antitrust intervention is harder to make, but in principle the arrangement … could act to exclude actual or potential competition in the collateral input market, bringing it within antitrust's reach. I …
Persistent link: https://www.econbiz.de/10012933325
The EU Directive on Antitrust Damages Actions holds multiple injurers jointly and severally liable for the harm they …
Persistent link: https://www.econbiz.de/10012934621
It is a well-established principle of EU competition law that parent companies can be fined for antitrust infringements … by their subsidiaries. Under the new EU Directive on Antitrust Damages Actions, parent company liability is likely to be … extended to private antitrust suits. In the United States, in contrast, no fine will be imposed on a parent company unless the …
Persistent link: https://www.econbiz.de/10012934622
Persistent link: https://www.econbiz.de/10012934902
the discount. The final Report of the Antitrust Modernization Commission (AMC) proposed a three part test for the …
Persistent link: https://www.econbiz.de/10012706711
This paper investigates the market structure of the insurance business by analyzing the (interlock) linkages among companies created by their directors. We focus on the non-life business since this is a sector relatively closed with respect to the competition with other financial activities; an...
Persistent link: https://www.econbiz.de/10012711565