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Pandemic-induced economic shocks saw the European Commission and national competition authorities adopt so-called comfort letters to provide guidance, assurance, and legal certainty to undertakings in order to help mitigate the detrimental effects of the crisis. Whereas it is true that desperate...
Persistent link: https://www.econbiz.de/10013289757
This Article aims to delineate the extent to which potentially anticompetitive behavior that simultaneously improve user privacy are cognizable as efficiencies or objective justifications within the context of unilateral conduct cases in European competition law. After mapping the existing...
Persistent link: https://www.econbiz.de/10013290202
In this chapter, we explore a missing dimension of the discussion surrounding competition law and the digital economy: financialisation and its impact on competitive strategies and the broader social implications of Big Tech's economic power. Specifically, we offer three contributions. First, we...
Persistent link: https://www.econbiz.de/10013211928
Digitization has not only changed the physical means by which we capture commercial information but also its scale, scope and detail. Registering individual’s information now involves capturing preferences while noting their heterogeneity. Now consumers not only consume data but generate or...
Persistent link: https://www.econbiz.de/10013214732
The landmark Microsoft case raises challenging questions concerning antitrust remedies. In this Article, we propose a framework for assessing the costs and benefits of different remedies, particularly divestiture, in monopolization cases involving network industries. Our approach can assist a...
Persistent link: https://www.econbiz.de/10012752837
Antitrust cases related to privacy are on the agenda of many competition authorities worldwide, including Europe, the United States, the United Kingdom (the UK), India, Turkey, Germany, and France. Antitrust and privacy is thus "one of the big topics of the year," as stated by the former...
Persistent link: https://www.econbiz.de/10013312702
In Europe, the European Commission (the Commission) unveiled in December 2020 the Digital Markets Act (DMA). It aims at "ensuring fair and open digital markets" by applying an ex-ante asymmetric regulation against large online platforms acting as "gatekeepers" in core platforms services with a...
Persistent link: https://www.econbiz.de/10013322411
The times when competition policy was perceived as an axiomatic, mathematised, highly technical and pretty much non-controversial area of Law & Economics have gone. Over the last decade, competition has become a great theme again. Full of ideological appeals and statements, mindful of their...
Persistent link: https://www.econbiz.de/10013322635
This paper discusses the current state of product market competition in Iceland, including the legal and regulatory framework, and suggests directions for further improvement. Given the size of the economy, efficiency considerations dictate high concentration in many markets, and preventing...
Persistent link: https://www.econbiz.de/10012442998
Regulatory reform efforts in a broad range of industries have resulted in increased importance of competitive forces as a means to allocate resources and improve economic efficiency. A number of indicators suggest that such forces have been stronger in the United States than in most other OECD...
Persistent link: https://www.econbiz.de/10012444089