Showing 91 - 100 of 649,389
relative to A. Hence, absent strong antitrust or intellectual property protections, the A firm can leverage its monopoly into B … substitute for Netscape; in our model, this maximizes Microsoft's joint monopoly profits. Furthermore, Microsoft has no incentive … complementary products, which suggests that a monopoly internet service provider will offer net neutrality.There are other means for …
Persistent link: https://www.econbiz.de/10012732764
This paper provides an economic and legal theory of harm applicable to the case against Google in Europe over search … bias. So far, no clear legal and economic theory has yet been delineated by the European Commission, nor consensus in the … literature has emerged with regard to the theory of foreclosure that could support the case, or with regard to the specific form …
Persistent link: https://www.econbiz.de/10012907930
or indirect) effect. We study how network effects impact monopoly power, how the deadweight loss decomposes between …
Persistent link: https://www.econbiz.de/10012823174
This article examines the economic consequences of collusion in both the output market and one of the input markets. We examine the results of sequential collusion, which leads to complications and inconsistencies in measuring antitrust damages. We also examine simultaneous collusion in both the...
Persistent link: https://www.econbiz.de/10013215863
Consider a durable goods producer that has the option of monopolizing an aftermarket such as repair for its own product. An important question is whether such monopolization reduces welfare? We show that the answer to this question is frequently no. In particular, we explore three models that...
Persistent link: https://www.econbiz.de/10013147652
market, monopoly pricing is well defined - as well as tests for predatory behavior; not so with multisided markets. Since the … markets for their potential for determining consumers' harm and welfare effects, as well as defining monopoly and predatory …
Persistent link: https://www.econbiz.de/10012151937
This essay uses one context - a monopolist’s deceptive advertising or product disparagement - to illustrate how competition authorities and courts should evaluate a monopolist’s deception under the federal antitrust laws. Competition authorities should target a monopolist’s anticompetitive...
Persistent link: https://www.econbiz.de/10014193297
This paper focuses on the question of whether the task of distributing the welfare between producers and consumers is in the domain or jurisprudence of courts or antitrust agencies. Indeed, these foundations are far away from the understanding introduced by Chicago school when the matter in hand...
Persistent link: https://www.econbiz.de/10014215393
In the past few years, courts and the Department of Justice have cited approvingly the Court's dicta in Verizon Communications Inc. v. Law Offices of Curtis V. Trinko, LLP. This article analyzes why the economic thinking in Trinko is wrong, and how the Court ignores its precedent involving the...
Persistent link: https://www.econbiz.de/10014219087
standards. Although the case involved only a claim for breach of contract, Judge Robart’s opinion regulated monopoly pricing, a … monopoly power that the standard conferred and, second, inefficiently stacking royalties with other essential patents. In …, courts compare actual prices with those in counterfactual, but-for world free from improper exploitation of monopoly power …
Persistent link: https://www.econbiz.de/10014152942