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We examine the impact of competition laws on innovation. We create a unique firm-level dataset on patenting activities that includes over 1.2 million firm-year observations, across 66 countries, from 1991 through 2015. Using a new, comprehensive dataset on competition laws, we find that more...
Persistent link: https://www.econbiz.de/10012839415
Should the FTC have allowed Zillow to acquire its foremost rival, Trulia? It is increasingly well-accepted that digital platforms tend toward dominance in their immediately adjacent relevant-product markets. Google, for example, has long held a majority share of the markets for general-search...
Persistent link: https://www.econbiz.de/10012958316
Persistent link: https://www.econbiz.de/10012907038
This comment is submitted by the Global Antitrust Institute (GAI) at Scalia Law School at George Mason University to the U.S. Federal Trade Commission regarding its hearings on Competition and Consumer Protection in the 21st Century, The Consumer Welfare Standard in Antitrust Law. The GAI...
Persistent link: https://www.econbiz.de/10012911574
After a three-year investigation the German Competition Authority found Facebook's data policy abusive. In the authority's assessment, by making the use of its social-networking service conditional upon users granting extensive permission to collect and process their personal data, Facebook...
Persistent link: https://www.econbiz.de/10012889604
Something old and important is lost sight of in a case like Ohio v. American Express, the Supreme Court's recent adoption of "platform" or "two-sided market" theory in American antitrust, and in theoretical efforts like the one on which it is based. A rarely discussed idea built in to American...
Persistent link: https://www.econbiz.de/10012892397
Patent licensing contracts commonly prohibit licensees from challenging the validity of the patents at the basis of the contract or penalize such challenges. A considerable debate has emerged as to whether courts should enforce these challenge clauses. We argue that this debate has not gone far...
Persistent link: https://www.econbiz.de/10012935082
The UK Office of Fair Trading (OFT) has been a highly rated competition law enforcer. Yet its antitrust performance activities fall far short of this image. Here a critical assessment is made of the OFT's antitrust enforcement activities, and the claim that there is quantitative survey evidence...
Persistent link: https://www.econbiz.de/10012938573
This chapter aims at elucidating the economic basis for antitrust law generally, and the Israeli Restrictive Trade Practices Law specifically. It follows antitrust's intellectual progression, beginning with standard price theory underpinning static efficiency analysis, thereafter moving through...
Persistent link: https://www.econbiz.de/10012763909
Sanjukta Paul and Hal Singer (P&S) responded to my recent CPI Comment, “News Media Cartels are Bad News for Consumers,” which addressed the likely harm that would arise from the proposed Journalism Competition and Preservation Act, if passed. P&S criticize my conclusion that the legislation...
Persistent link: https://www.econbiz.de/10012868237