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Times-Picayune, a 1953 Supreme Court decision involving newspapers, has gained notoriety from the Court's American Express decision concerning credit-card networks. The Amex dissent argued that the Court had already decided how to apply the rule-of-reason analysis to two-sided platforms in...
Persistent link: https://www.econbiz.de/10012889994
The US Supreme Court ruling in American Express marks a breakthrough for antitrust enforcement in two-sided markets. Not surprisingly, the ruling has sparked lively discussions in the antitrust law and economics community.The majority of the Court argues that if both groups of players are needed...
Persistent link: https://www.econbiz.de/10012893368
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A small number of firms hold significant market power in a wide variety of sectors of the economy, leading commentators across the political spectrum to call for a reinvigoration of antitrust enforcement. But the antitrust agencies have been surprisingly timid in response to this challenge, and...
Persistent link: https://www.econbiz.de/10012897575
The Facebook, Inc. (“Facebook”) social network, this era's new communications service, plays an important role in the lives of 2+ billion people across the world. Though the market was highly competitive in the beginning, it has since consolidated in Facebook's favor. Today, using Facebook...
Persistent link: https://www.econbiz.de/10012898176
Western legal systems have historically helped establish trust between parties and reduce transactional uncertainty by providing recourse to legal procedures. Nonetheless, establishing trust still imposes significant transactional costs and blockchain may reduce them to a smaller level. In the...
Persistent link: https://www.econbiz.de/10012899077
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), embodying the fact that businesses take into account...
Persistent link: https://www.econbiz.de/10012899285
Since its launch in 2007, Android has become the dominant mobile device operating system worldwide. In light of this commercial success and certain disputed business practices, Android has come under substantial attention from competition authorities. We present key aspects of Google's strategy...
Persistent link: https://www.econbiz.de/10012935610
In European legal scholarship, many articles discuss the equilibrium reached in the case-law of the Court of Justice of the European Union (“CJEU”) when the EU antitrust prohibitions apply to, and restrain, the free and ordinary use of intellectual property rights (“IPRs”). We call this...
Persistent link: https://www.econbiz.de/10012935999
On 11 June 2013 the European Commission adopted a package of instruments to facilitate damages claims by victims of antitrust damages. The main element of the package is a proposal for a directive on antitrust damages. The aim of this article is to give an overview of the content of the proposed...
Persistent link: https://www.econbiz.de/10012938281