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unifying theory that would provide a single test offering a way to distinguish between practices compatible and incompatible …
Persistent link: https://www.econbiz.de/10014063508
Technological innovation is changing private markets around the world. New advances in digital technology have created new opportunities for subtle and evasive forms of anticompetitive behavior by private firms. But some of these same technological advances could also help antitrust regulators...
Persistent link: https://www.econbiz.de/10013311221
public from a finding of liability. A virtue of the current standard is the knowledge that firms who violate the antitrust … academics and agency officials—could conceivably water down the information value of a finding of liability. In essence, the …
Persistent link: https://www.econbiz.de/10014358964
Harold Demsetz once claimed that 'economics has no antitrust relevant theory of competition.' Demsetz offered this … dimensions that are often inversely correlated such that a liability rule deterring one form of competition will result in more … liability standards for conduct involving both static product market competition and dynamic innovative activity. The primary …
Persistent link: https://www.econbiz.de/10014046270
This essay is the introduction to a forthcoming volume entitled, Regulating Innovation: Competition Policy and Patent Law Under Uncertainty (Cambridge U. Press 2009 forthcoming). In addition to introducing all of the papers in the volume, this essay introduces the organizing themes of the...
Persistent link: https://www.econbiz.de/10014046279
Remedies often get overlooked in discussions of antitrust litigation, treated almost as an afterthought. When remedies have been part of the antitrust debate the focus has often been on an after-the-fact assessment of their effectiveness, or on the general question whether there should be a...
Persistent link: https://www.econbiz.de/10014255934
There is widespread concern that dominant platforms may be undermining competition by discriminating against rivals in adjacent markets, such as by refusing to let rival sellers use their platforms or by engaging in “self-preferencing.” Such acts fall within a category of unilateral conduct...
Persistent link: https://www.econbiz.de/10014256008
The value of sales of an undertaking infringing antitrust law is a key determinant of the size of the fine levied by a competition authority. European competition authorities rely only on the turnover the undertaking receives from the products in relation to which the infringing conduct...
Persistent link: https://www.econbiz.de/10014260021
-arguments to such claims, within the framework of Rawls' theory of justice and his 'veil of ignorance' thought experiment. These …
Persistent link: https://www.econbiz.de/10014166289
At least since the early 1980s, the core principles of merger enforcement policy have been stable. Horizontal mergers that create, enhance, or facilitate the exercise of market power and vertical transactions that adversely affect horizontal competition are condemned, and consumer welfare is the...
Persistent link: https://www.econbiz.de/10013110965