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The recent article by Maurits Dolmans and Thomas Graf summarizes their views on the analytical framework adopted under EC tying law and applies this framework to the European Commission's March 2004 decision in Microsoft. We appreciate the opportunity this article provides for engaging in a...
Persistent link: https://www.econbiz.de/10014069464
There is a wide and growing consensus among antitrust scholars and practitioners in favor of a rule-of-reason approach to the assessment of tying by dominant firms. However, a rule-of-reason analysis may or may not produce socially optimal outcomes depending on how it is conducted in practice. A...
Persistent link: https://www.econbiz.de/10014075818
We describe the main features of U.S. and E.C. tying law and consider their recent evolution. We then review the economic literature on tying and summarize its main implications for the analysis of tying cases: First, recent advances in economic theory unambiguously endorse a rule-of-reason...
Persistent link: https://www.econbiz.de/10014031179
Firms may be able to create new and improved products as a result of merging. These "demand-side efficiencies" should be considered by competition authorities in considering whether to allow a merger. Unlike reductions in costs that merged firms may not pass on to consumers, new and better...
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