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This paper considers the role of economics in EU competition over the last fifteen years. It offers and personal, and thus subjective, account of policy developments and doctrinal debates. First, I explain the reasons why the European Commission decided to incorporate PhD economists to its...
Persistent link: https://www.econbiz.de/10013014644
Private antitrust litigation often involves a dominant firm being accused of exclusionary conduct by a smaller rival. In such cases, the defendant generally has a much larger financial stake in the outcome. We explore the implications of this asymmetry in a model of litigation with endogenous...
Persistent link: https://www.econbiz.de/10012838366
Persistent link: https://www.econbiz.de/10012723647
This article analyzes the basic characteristics of the Argentine competition law and the way in which it has been enforced in several important antitrust cases. We begin with a section that introduces the evolution of the law, followed by another section about the basic economic and legal...
Persistent link: https://www.econbiz.de/10012729834
The article studies how intensively the administrative decisions of the European Commission's counterpart - the U.S. Federal Trade Commission (FTC) - are reviewed by the U.S. Circuit Courts of Appeal. The standard used by the U.S. courts to review FTC factual and economic findings, known as the...
Persistent link: https://www.econbiz.de/10012951487
This paper contains my contribution to the panel "Competition authorities: Towards more independence and prioritisation?" at the 8th International Concurrences Review Conference "New Frontiers of Antitrust" (Paris, 26 June 2017). It focuses in particular on the European Commission's 'ECN'...
Persistent link: https://www.econbiz.de/10012952379
Has the antitrust arsenal run out of novel theories or weapons? Think again. Recent scholarship has come to challenge conventional wisdom with the latest target of antitrust imagination being institutional investors, including diversified index funds. New economic research suggests that common...
Persistent link: https://www.econbiz.de/10012952957
Persistent link: https://www.econbiz.de/10012907038
This comment is submitted in response to the United States Federal Trade Commission (“FTC”) hearing on Concentration and Competitiveness in the U.S. Economy as part of the Hearings on Competition and Consumer Protection in the 21st Century. We submit this comment based upon our extensive...
Persistent link: https://www.econbiz.de/10012908414
This Comment is submitted in relation to the Federal Trade Commission's (“FTC”) Hearings on Competition and Consumer Protection in the 21st Century. Specifically, we address the United States Supreme Court's holding in FTC v. Actavis, Inc. that reverse-payment settlements should be analyzed...
Persistent link: https://www.econbiz.de/10012908984