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The power of today’s tech giants has prompted calls for changes in antitrust law and policy which, for decades, has … been exceedingly permissive in merger enforcement and in constraining dominant firm conduct. Economically, the fear is that … the largest digital platforms are so dominant and its data advantage so substantial that competition is foreclosed …
Persistent link: https://www.econbiz.de/10014106904
) with a focus on how they affect and change competition and markets. Section 4 summarizes landmark antitrust cases and … current antitrust concerns re-garding electronic marketplaces like Facebook, Google, or Amazon. Based upon the state of …
Persistent link: https://www.econbiz.de/10011603190
platforms tend toward dominance in their immediately adjacent relevant-product markets. Google, for example, has long held a … majority share of the markets for general-search results and advertising, prompting antitrust and competition-law scrutiny of … its conduct.But some digital platforms also possess the ability and incentive to increase concentration in seemingly …
Persistent link: https://www.econbiz.de/10012958316
important implications for antitrust policy. A hallmark of two-sided markets — those in which platforms operate — is the need to … competition market-wide. This paper considers the antitrust challenges presented by platforms and platform competition, with focus …Platforms like Uber, Google Search, and Hulu pervade the modern economic landscape. A platform caters to distinct but …
Persistent link: https://www.econbiz.de/10012914121
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 … RTDs to better capture economic realities. This would allow for meaningful antitrust oversight of platform conduct without …
Persistent link: https://www.econbiz.de/10014345234
This article adopts a holistic approach to China’s antitrust strategy towards the platform economy. As enforcers …, fierce attack on its own tech giants has been as effective as it has been baffling to observers. Although antitrust … enforcement and policymaking have progressed by leaps and bounds, antitrust is only one of several battlefields of the war on …
Persistent link: https://www.econbiz.de/10013305565
Robert Bork's Antitrust Paradox (1978) has been justification for lack of antitrust behavior for over four decades. His … it to the other side of the market and eliminating producer's surplus - that much needed antitrust action has been … ignored by this narrow criterion. This analysis indicates that antitrust action is long overdue after considering two …
Persistent link: https://www.econbiz.de/10012804859
definition of markets is central to the legal enforcement of antitrust statutes, the paper examines non-transactional multisided … quantifies that dominate internet platforms can create three major harms to consumers: - Increasing prices to consumers via added …
Persistent link: https://www.econbiz.de/10012151937
In the past 20 years, large digital platforms have made many acquisitions, mainly young and innovative startups. Few of …
Persistent link: https://www.econbiz.de/10014505345
Market concentration often leads to unnecessarily high prices and reduced innovation. European merger control …, merger control needs to be enforced even more stringently, especially in digital markets. Attempts to weaken merger control …
Persistent link: https://www.econbiz.de/10012007682