We study antitrust enforcement that channels price-fixing incentives through setting fines and allocating resources to detection activities. Antitrust fines obey four legal principles: punishments should fit the crime, proportionality, bankruptcy considerations, and minimum fines. Bankruptcy...

Industrial and competition policy are often seen as logical opposites: inherently conflicting. In my earlier research (1997) I have found that at EU level these two policies are in principle compatible if industrial policy is defined as promoting structural reform. This was illustrated by the...

Governments play a significant role in determining how markets function and use a variety of policies for this purpose, including economic regulation, trade policy and antitrust. Some of these policies (i.e. trade policy and antitrust) in principle promote competition directly, but sometimes are...

The Court of Justice of the European Union recently handed down a decision on a novel question which, when combined with other developments relating to reforms of antitrust damages claims, could have serious consequences for the future of antitrust damages claims in Ireland and the European...

There is perhaps no area in antitrust policy that is more prone to confusion and misunderstandings than enforcement against exclusionary conduct violations. This article develops a framework for understanding anti-competitive conduct policy that is built around three building blocks:...

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...

We present a model of a market failure based on a requirement provision by digital platforms in the acquisition of personal information from users of other products/services. We establish the economic harm from the market failure and the requirement using traditional antitrust methodology....

We investigate the impact of competition policy enforcement on the functioning of European energy markets, and how sectoral regulation influences these outcomes. For this purpose, we compile a new dataset on the European Commission's (EC) and EU member states' competition policy decisions, and...

This comment is submitted by the Global Antitrust Institute (GAI) at Scalia Law School, George Mason University in response to the Anti-Monopoly Commission of the State Council of the People's Republic of China's public consultation on its draft Anti-Monopoly Guidelines Against Abuse of...

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...