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Recent adoption of competition laws across the globe has highlighted the importance of institutional considerations for antitrust effectiveness and the need for comparative institutional analyses of antitrust that extend beyond matters of substantive law. Contributing to the resulting nascent...
Persistent link: https://www.econbiz.de/10014132362
Antitrust enforcement in the United States has declined since the 1960s. Building on several new datasets, we argue that this decline did not reflect a popular demand for weaker enforcement or any other kind of democratic sanction. The decline was engineered by unelected regulators and judges...
Persistent link: https://www.econbiz.de/10014078844
Web-based businesses have become potential targets of antitrust concerns across the world with the proliferation of information, the growth of internet-related businesses and over two billion users of the internet worldwide as of the end of 2011. As a result of the use of this exponentially...
Persistent link: https://www.econbiz.de/10014118486
Antitrust enforcement in the United States has declined since the 1960s. We investigate the political causes of this decline by looking at who made the crucial decisions and how strong a popular mandate they had to do so. Using a novel framework to understand the determinants of regulatory and...
Persistent link: https://www.econbiz.de/10013307572
This article examines the decisions taken by the Brazilian Competition Authority (CADE) in two antitrust cases related the dominant food delivery platform iFood, one merger review and one investigation into exclusive dealing agreements. Through an in-depth examination of the case documents, this...
Persistent link: https://www.econbiz.de/10014357394
We hand-collect and standardize information describing all 3,055 antitrust lawsuits brought by the Department of Justice (DOJ) between 1971 and 2018. Using restricted establishment-level microdata from the U.S. Census, we compare the economic outcomes of a non-tradable industry in states...
Persistent link: https://www.econbiz.de/10014337831
Based on a sample of 64 cartels convicted by the European Commission from 1975 to 2009 and a methodology allowing to estimate restitution and dissuasive fines to be imposed on cartels from microeconomic variables on a case by case basis, this paper compares the level of fines actually inflicted...
Persistent link: https://www.econbiz.de/10014206504
The decade of enforcement of EU competition rules under the decentralized enforcement system introduced by the Regulation 1/2003 has turned the national competition authorities (NCAs) into the primary enforcers of the Articles 101 and 102 TFEU. Despite the substantial number of investigations...
Persistent link: https://www.econbiz.de/10013028799
The emergence of the multi-sided platform business model has had a profound impact on the news publishing industry. By acting as gatekeepers to news traffic, large online platforms have become unavoidable trading partners for news businesses, and exert substantial bargaining power in their...
Persistent link: https://www.econbiz.de/10013229098
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