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This paper gives a fresh account of competition in the digital economy. Economic analysis in the field of industrial … irrelevant. We posit the need to look at competition anew. Static models of monopoly firms and markets in equilibrium are often … growth and diversification of many digital firms lead to a situation of broad-spectrum competition that cuts across markets …
Persistent link: https://www.econbiz.de/10013238612
competition policy in dynamically competitive industries. The debate is the same, although, as we shall see, the results are … current antitrust enforcement in these specific markets achieve its goal of fostering competition or rather the undesired … effect of chilling innovation? …
Persistent link: https://www.econbiz.de/10014168865
single-firm conduct. Although it is common to depict antitrust enforcement as protecting market competition while other forms … resources against rivals, and can seriously disrupt competition among firms. Antitrust authorities need to exercise special care … fail to capture the most important sources of competition for the firm, which in many industries (including many high …
Persistent link: https://www.econbiz.de/10014166211
Large platforms are often accused of refusing to serve (or discriminating against) competing sellers in adjacent product markets. Antitrust law labels such activity a unilateral “refusal to deal” (RTD) and evaluates it under a predation-like framework shaped by the two leading RTD cases,...
Persistent link: https://www.econbiz.de/10014345234
This Article challenges the overwhelming scholarly consensus opposing baseball’s historic antitrust exemption on policy grounds by providing the first comprehensive defense of the exemption. The Article does so by advancing two primary arguments: first, it argues that the common criticisms of...
Persistent link: https://www.econbiz.de/10014179018
general competition and sector specific frameworks and rules regarding the regulation of the Internal Energy Market … recent competition law cases of the Energy Market where structural remedies were applied under the commitments procedure …. Essential facilities doctrine and generally competition law tools do not seem to provide a suitable framework for effectively …
Persistent link: https://www.econbiz.de/10014171519
general competition law, especially concerning energy markets and the road to Internal Market objective.We firstly present … relation between sector regulation and competition law. Our intention is to offer a basis for comparison and counterarguments … of view of European Competition Authorities and ECJ. Concerning Essential Facilities Doctrine, we show how a similar to …
Persistent link: https://www.econbiz.de/10013069619
such as innovation. This question arises because competition authorities are intervening in horizontal mergers that are … found to give rise to a “significant impediment to effective innovation competition” (“SIEIC”) as a result of a reduction in … impede effective competition as regards innovation both in innovation spaces where the Parties' lines of research and early …
Persistent link: https://www.econbiz.de/10012852989
discussed tradeoffs between innovation and price competition. I summarize recent developments in our knowledge of the … relationship between competition and innovation, highlighting the deficiencies that significantly constrain antitrust enforcers …Harold Demsetz once claimed that 'economics has no antitrust relevant theory of competition.' Demsetz offered this …
Persistent link: https://www.econbiz.de/10014046270