In an important private damages decision under the Egyptian Competition Law, the court has granted the plaintiff damages for the harm sustained because of anticompetitive practices committed by a defendant. The court has also clarified numerous legal points such as limitation periods, refusal to...

Firms in traditional markets often compete in output à la Cournot. In this paper, we consider Cournot competition between platforms in a two-sided market. We find that the markup and markdown terms are distorted toward zero for greater levels of platform competition and for greater levels of...

Over the past twenty years, antitrust agencies increasingly have used diversion and pricing pressure analyses to help identify which mergers to investigate and then to help identify which mergers to challenge. A key input in these analyses is an estimate of the profits that firms earn on...

Competitors often collaborate by sharing a part of their value-creating activities such as technology development, product design, and distribution, which are important elements for creating product distinctiveness across firms. This paper explores the economic consequences of competitor...

Human choice is a foundational part of our social, economic and political institutions. This focus is about to be significantly challenged. Technological advances in data collection, data science, artificial intelligence, and communications systems are ushering in a new era in which digital...

The rapid digitization of finance, the fast pace of technology advancement and the rise of data-driven innovation has transformed financial sectors and created opportunities for financial authorities that are pursuing financial inclusion to adapt their regulatory and supervisory approaches....

If any court is linked to the “law and economics” movement, it is the Seventh Circuit, home of former Judge Richard Posner, the “Chicago School,” and analysis based on markets and economics. It thus comes as a surprise that in college-athletics cases, the court has replaced economic...

This publication features conversations on antitrust law with Nobel Prize laureates in Economics and aims at understanding how useful their work could be to antitrust law. Given the rigor and importance of their body of work, antitrust scholars, lawyers, officials, and anyone who's interested in...

Patent licensing contracts commonly prohibit licensees from challenging the validity of the patents at the basis of the contract or penalize such challenges. A considerable debate has emerged as to whether courts should enforce these challenge clauses. We argue that this debate has not gone far...