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This article analyzes the basic characteristics of the Argentine competition law and the way in which it has been …
Persistent link: https://www.econbiz.de/10012729834
The rule of reason is the standard for testing whether a restraint of trade violates the Sherman Act. The thesis of this article is that the only issue under the rule of reason is the impact of a restraint on the competitive process; the Sherman Act does not employ a welfare standard. This...
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Unreasonably exclusionary conduct, the element common to monopolization and attempted monopolization offenses under Section 2 of the Sherman Act, remains essentially undefined. Federal courts, including the U.S. Supreme Court, have purported to define the term, but the definitions they have...
Persistent link: https://www.econbiz.de/10013075441
We show that the number of merger proposals (frequency-based deterrence) is a more appropriate indicator of underlying changes in merger policy than the relative anti-competitiveness of merger proposals (composition-based deterrence). This has strong implications for the empirical analysis of...
Persistent link: https://www.econbiz.de/10013155108
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
Competition law accommodates two different contexts within which economics may be applied, each defined by a distinct … type of cause-effect relationships. First, there are effects of competition law on business conduct (deterrence effects … effects is Economic Analysis of Law. Second, there are effects of business conduct on competition (competitive effects …
Persistent link: https://www.econbiz.de/10012899285
's competition division by re-mixing regulatory authority and commercial rights through the Fédération Internationale l … settlement, they also reveal a major flaw in the 2001 agreement. Instead of restoring competition, the power may just have been …
Persistent link: https://www.econbiz.de/10013014134
standard identifies threats to competition only by the potential consequences for consumers and ignores adverse effects on … workers, suppliers, product quality, and innovation.The effective competition standard would restore the primary aim of … antitrust laws, namely to protect competition wherever in the economy it has been compromised, including throughout supply …
Persistent link: https://www.econbiz.de/10012850758