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Some path-breaking work on mergers takes efficiency gains for granted, or assumes that firms have perfect knowledge when taking merger decisions. In practice, firms and competition authorities cannot know exact future efficiency gains, prior to merger consummation. This paper analyzes horizontal...
Persistent link: https://www.econbiz.de/10010221710
full antitrust review under Section 1 of the Sherman Act. Part I of this article introduces both the National Football … Football League's trademark licensing practices are subject to a full antitrust review under Section 1 of the Sherman Act. Part …
Persistent link: https://www.econbiz.de/10013115281
Dissatisfied with the mainstream antitrust jurisprudence that has emerged over the past several decades and garnered … significant force, our approach offers a more fundamental critique of the behavioral antitrust enterprise. We demonstrate that …, even under the ideal conditions described above, behavioral economics does not yet offer an antitrust-relevant theory of …
Persistent link: https://www.econbiz.de/10013115642
Persistent link: https://www.econbiz.de/10013067155
An important issue in many antitrust lawsuits involving professional sports leagues and their member teams is the …
Persistent link: https://www.econbiz.de/10013150706
This Article explains how MLB club-owners use their control over the market for premier, professional baseball to demand free public stadiums. Part I of this Article explains how the United States has moved from having just one publicly funded MLB stadium (pre-1950s) to having over twenty-five...
Persistent link: https://www.econbiz.de/10013157386
We study the effects of a vertical merger in a setting with a single upstream supplier of a critical input and two downstream customers which compete with each other. Initially, the upstream supplier first announces prices, then the two downstream customers announce their retail prices. We find...
Persistent link: https://www.econbiz.de/10012833460
Has the antitrust arsenal run out of novel theories or weapons? Think again. Recent scholarship has come to challenge … conventional wisdom with the latest target of antitrust imagination being institutional investors, including diversified index … been rapid and widespread. Antitrust enforcers started looking closer at certain industries as well as investigating the …
Persistent link: https://www.econbiz.de/10012952957
majority share of the markets for general-search results and advertising, prompting antitrust and competition-law scrutiny of …. This type of steering forecloses competition in markets not immediately adjacent to the platform itself. Current antitrust …
Persistent link: https://www.econbiz.de/10012958316
stockholdings in several competing companies, is anticompetitive and prohibited by the U.S. antitrust laws. Proponents of this view … antitrust enforcement against common ownership is misguided. First, proponents conflate management by investment managers and … anticompetitive conduct that, if proven, could be addressed using established antitrust doctrines applicable to hub …
Persistent link: https://www.econbiz.de/10012908433