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There has been a surge of recent antitrust cases involving Internet-based industries around the world, including in Latin America. These types of industries present special challenges for authorities, as their analysis requires an understanding of the fast-paced, innovative, and multi-sided...
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Our food supply rests on a foundation of agricultural seed. As the world races to meet soaring food demand, the development and control of this fundamental genetic resource will be of critical concern to the entire human community. Seed, once treated as a shared public good and natural resource,...
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When successive monopolies transact through noncooperative linear pricing, the resulting double markup decreases their joint profits relative to vertical integration. However, if there are downstream rivals (which are not double marginalized), the same noncooperative interaction often...
Persistent link: https://www.econbiz.de/10014129331
The issue I want to take up here is how networks influence firm business not only from the costs and R&D side, but also from the demand side because of substitution - complementarity effects. In other words firms face networks at every intermediate level that has to meet the market. I will...
Persistent link: https://www.econbiz.de/10014036223
Predatory pricing doctrine is currently a dead area of the law. To proceed beyond summary judgment, a plaintiff must prove the predation created a “dangerous probability” of supracompetitive pricing as the mechanism for recouping the losses “invested” in the predation. This requires...
Persistent link: https://www.econbiz.de/10014179000
This article examines antitrust analysis when one of the possible subject products of an antitrust or merger is ordinarily offered at a zero price. It shows that businesses often offer a product for free because it increases the overall profits they can earn from selling the free product and a...
Persistent link: https://www.econbiz.de/10014183266
The debate on the regulation of minority shareholdings as a type of “structural link” between competing undertakings is not a new one in the sphere of EU competition law. As a matter of policy, the incomplete and rather divisive treatment of minority shareholdings under the current EU merger...
Persistent link: https://www.econbiz.de/10014134164
Foreign Policy considerations today often include or affect science or scientific matters. In the United States decisions are based on an ad hoc response to situational issues. By comparison, in the last two decades several countries have made a concerted effort to focus on science and...
Persistent link: https://www.econbiz.de/10014147317