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Computational antitrust promises not only to help antitrust agencies preside over increasingly complex and dynamic markets, but also to provide companies with the tools to assess and enforce compliance with antitrust laws. If research in the space has been primarily dedicated to supporting...
Persistent link: https://www.econbiz.de/10014237359
This paper analyzes the conflicts that arise when trying to apply traditional antitrust principles in the context of digital markets. The size and influence of successful digital companies has fueled a populist antitrust movement that views itself as a return to seminal and successful antitrust...
Persistent link: https://www.econbiz.de/10014105023
There are a wide variety of possible structures for regulatory regimes in countries. This article focuses on the analysis of multi-purpose regulators that combine regulatory and antitrust powers, such as the Mexican IFT and Cofece, as well as the Spanish CNMC. We focus on institutional design,...
Persistent link: https://www.econbiz.de/10014148059
Antitrust guarantees a particular distribution of wealth between consumers and producers. Big data allows firms with pricing power to identify the highest price a consumer is willing to pay for a good and charge it to her. The practice upends the current distribution of wealth by allowing firms...
Persistent link: https://www.econbiz.de/10014126065
Previous work has shown that firms in low and middle-income countries in Eastern Europe and Central Asia that feel greater pressure to innovate from their competitors are more likely to introduce new products and services than firms that do not feel pressure (Carlin and others 2001; World Bank...
Persistent link: https://www.econbiz.de/10014070324
This report critically analyses the introduction and development of a system of competition law in Poland prior to 2016, a period when the country underwent two fundamental transitions: from a centrally planned economy to free markets and from communism to democracy. In particular, the study...
Persistent link: https://www.econbiz.de/10014106147
Complexity science is widely used across the policy spectrum but not in antitrust. This is unfortunate. Complexity science enables a rich understanding of competition beyond the simplistic descriptions of markets and firms proposed by neoclassical models and their contemporary neo-Brandeisian...
Persistent link: https://www.econbiz.de/10013296286
Technological innovation is changing private markets around the world. New advances in digital technology have created new opportunities for subtle and evasive forms of anticompetitive behavior by private firms. But some of these same technological advances could also help antitrust regulators...
Persistent link: https://www.econbiz.de/10013311221
Large platforms are often accused of refusing to serve (or discriminating against) competing sellers in adjacent product markets. Antitrust law labels such activity a unilateral “refusal to deal” (RTD) and evaluates it under a predation-like framework shaped by the two leading RTD cases,...
Persistent link: https://www.econbiz.de/10014345234
The paper aims to take a fresh look at the implications of the analysis of market processes developed by scholars from the Austrian School of Economics (“Österreichische Schule”). Special attention is paid to the works of F. A. von Hayek, Israel M. Kirzner and, of particular importance for...
Persistent link: https://www.econbiz.de/10014255837