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Aggregate concentration has recently been recognized as an important source of competitive constraints. The concerns raised by it are, however, particularly difficult to deal with, largely because they do not lend themselves to straightforward solutions. This chapter examines the use of abuse of...
Persistent link: https://www.econbiz.de/10012845532
Private enforcement of competition law serves many important goals, including deterrence of future anti-competitive harms and correction of past harms. This article sheds light on several potential legal obstacles to such enforcement which could prevent it from achieving its goals. The examples...
Persistent link: https://www.econbiz.de/10012845534
The next generation of e-commerce will be conducted by digital agents, based on algorithms that will not only make purchase recommendations, but will also predict what we want, make purchase decisions, negotiate and execute the transaction for the consumers, and even automatically form...
Persistent link: https://www.econbiz.de/10012967293
The creation of free and open source software (FOSS) through social networks has been celebrated as one of the most interesting and inspiring developments of the information age. The main legal platform selected for facilitating this collaborative creation is the GNU General Public License...
Persistent link: https://www.econbiz.de/10014174564
Laws are oftentimes modeled, at least in part, on those of jurisdictions with established antitrust regimes, a trend we call “the follower phenomenon.” Follower behavior might involve a transplant of a legal rule, its interpretation, or both. This article analyzes the main causes of the...
Persistent link: https://www.econbiz.de/10014193278
In the past two decades the number of jurisdictions that adopted a competition law has grown exponentially. Yet many of them, most notably developing jurisdictions and small ones, face significant obstacles to efficient enforcement. Indeed, a World Bank study estimated that competition...
Persistent link: https://www.econbiz.de/10014201019
This article challenges the conventional wisdom that not much can be done under the existing atomistic system of antitrust enforcement to solve the problem of sub-optimal deterrence of international cartels. Low deterrence results from the fact that international cartels are generally prosecuted...
Persistent link: https://www.econbiz.de/10014213397
Today a growing number of goods and services are provided in the marketplace free of charge; indeed, free or the appearance of free, have become part of our ecosystem. More often than not, free goods and services provide real benefits to consumers and are clearly pro-competitive. Yet free goods...
Persistent link: https://www.econbiz.de/10014140370
While data were always valuable in a range of economic activities, the advent of new and improved technologies for the collection, storage, mining, synthesizing, and analysis of data has led to the ability to utilize vast volumes of data in real-time in order to learn new information. Part I...
Persistent link: https://www.econbiz.de/10014125640
The economic characteristics of an economy - most notably its size, its openness to trade and its remoteness from its trading partners, greatly affect the competitiveness and performance of its markets by reducing internal and external competitive pressures. Accordingly, small, insulated...
Persistent link: https://www.econbiz.de/10014054886