Since Citizens United, the amount of spending on political campaigns has increased, and to a lesser extent, so has corporate spending on political advertisements. However, the increase in corporate spending on elections fails to indicate whether corporate political spending corrupts the...

The aim of this paper is threefold. First, it seeks to contribute to a more fine-grained comparison between US antitrust and EU competition law by (selectively) including state antitrust laws as well as laws that pursue objectives different from the antitrust laws but interfere with the aims of...

The Supreme Court's decision in Verizon v. Trinko, especially in relying on regulation to justify limiting the scope of antitrust enforcement, contradicts both the outcome in U.S. v. AT&T twenty years ago and the theory on which that case rested. The fundamental facts, discrimination against...

For more than half a century, courts have viewed certain uses of intellectual property (IP) as misuse, rendering the IP unenforceable until the misuse is purged. The doctrine began with patents, but courts have recently extended it to copyrights. In most cases, it reflects concern over...

The article presents a unique regression analysis of social-science estimates of the size of cartel overcharges. More than 800 overcharge rates were collected from a variety of published sources that have appeared in the literature during the last 125 years. A meta-analysis of overcharges from...

If managers bargain with workers over wage before choosing output in a Cournot duopoly, owners face two conflicting interests in designing managerial incentives: one for profit orientation to reduce wage, and the other for sales orientation to gain in output competition. The net effect depends...

Recently, the Bush Administration decided not to seek Supreme Court review of USTA v. FCC (USTA II), where the D.C. Circuit eviscerated the Federal Communications Commission's unbundling rules promulgated pursuant to the Telecommunications Act of 1996. According to the Bush Administration, we...

Strong network effects generate multiple tipping equilibria, in which firms compete for the adoption of all consumers rather than the marginal consumer. In this scenario, a quality distortion—the Spence distortion—should be absent; this contradicts the well-established Spence distortion...

Human resource management has gained strategic importance in corporate, both big and small, and the impact of HR practices on total organisation performance is recognised. Academia and the corporate sectors realised the contribution of human resource practices to the success of an organisation...

We discuss the incentive of an exclusive holder of a technology to share it with competitors in a market with network externalities. We assume that high expected sales increase the willingness to pay for the good. This is named the "network effect". At a stable fulfilled expectations...