Prior to the return of democracy in 1999, the Nigerian economy was characterised by government-sponsored monopolies and subsidies in key sectors of the economy. This led to the concentration of market power in the hands of few firms. Post-1999 marked a departure from that norm and the...

On 15 January 2008, the Bundeskartellamt celebrated its fiftieth anniversary in Bonn. This ceremony enabled the competition family to rejoice for one of its members and to celebrate a half century of independent regulation of competition and of peaceful contribution of competition to economic...

India is presently in a unique position with respect to its competition law regime: the country has two competition laws in operation - one is an outgoing law and another one is a newly enacted law and this status quo prevails since year 2003! This paper presents a description of the competition...

Only after three years of application of the Law of 17 May 2004 on competition, the Luxembourg government intends to boost competition policy. A draft bill proposes the following changes: (i) creation of a new Competition Council assuming all the tasks currently shared with the Competition...

Practical advice on what to do in a competition / antitrust dawn raid, inspection or surprise visit by competition or regulation agencies such as the European Commission or EU Member State competition agencies

As the final judgment in the celebrated Microsoft case ends, this piece very briefly assesses the impact of its remedy. When evaluated in terms of its most important goals, the remedy has proven to be a failure. Microsoft's monopoly power in the PC operating systems market is now as great as it...

A raft of articles offered contrasting views on analytic tools for assessing unilateral effects from differentiated products mergers. We revisit this debate to clarify the issues and place them in context. We consider the choice among analytic tools at three stages of a merger assessment -...

Given the link between innovation and economic growth, the stakes of “getting it right” in high-tech antitrust are high. Caution and humility are warranted in light of both the historical hostility towards innovative business practices by competition policy as well as the large gaps of...

This chapter is a preliminary exploration of the interdependence of finance and the rules of corporate governance. The authors argue that the surviving rules and norms of corporate governance, among many that jurists articulated throughout the twentieth century, were primarily those that...

Preliminary injunctions (PIs) are important in litigation in many settings, including antitrust, copyright, patent, trademark, employment and labor relations, and contracts. The filing of a PI and the court's ruling generate information that can impact settlement. We find that some plaintiffs...