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In our submission, we argue that competition policy in the digital economy should be based on sound, theoretical underpinnings and rigorous, evidence-based analysis, best encapsulated in the “law and economics” approach. Despite many expressed fears to the contrary, digital markets are not...
Persistent link: https://www.econbiz.de/10012870998
A growing number of policymakers and scholars are calling for tougher rules to curb corporate acquisitions. But these appeals are premature. There is currently little evidence to suggest that mergers systematically harm consumer welfare. More importantly, scholars fail to identify alternative...
Persistent link: https://www.econbiz.de/10013216624
Recent years have seen the ASEAN members embark upon various initiatives that seek to harmonize their competition regimes. These ongoing efforts to modernize and harmonize ASEAN competition laws take place amid a longstanding effort by both the European Union and the United States to export...
Persistent link: https://www.econbiz.de/10013236187
The Federal Trade Commission and U.S. Justice Department’s request for information on whether and how to update the antitrust agencies’ merger-enforcement guidelines is based on several faulty premises and appears to presuppose a preferred outcome: stronger (rather than optimal) merger...
Persistent link: https://www.econbiz.de/10013291322
The dystopian novel is a powerful literary genre. It has given us such masterpieces as Nineteen Eighty-Four, Brave New World, Fahrenheit 451, and Animal Farm. Though these novels often shed light on some of the risks that contemporary society faces and the zeitgeist of the time when they were...
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In March of 2019, the European Commission slapped another fine upon Google for infringing European competition rules (€1.49 billion this time). This brought Google’s contribution to the EU budget to a dizzying total of €8.25 billion. Given this massive number, and the geographic location...
Persistent link: https://www.econbiz.de/10014092459
In October 2022, Kroger and Albertsons announced their intent to merge the two companies in a deal valued at $24.6 billion. The combined company would be the third largest food and grocery retailer, behind Walmart and Amazon. Based on the Federal Trade Commission’s recently release draft...
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