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The Facebook, Inc. (“Facebook”) social network, this era's new communications service, plays an important role in the lives of 2+ billion people across the world. Though the market was highly competitive in the beginning, it has since consolidated in Facebook's favor. Today, using Facebook...
Persistent link: https://www.econbiz.de/10012898176
Western legal systems have historically helped establish trust between parties and reduce transactional uncertainty by providing recourse to legal procedures. Nonetheless, establishing trust still imposes significant transactional costs and blockchain may reduce them to a smaller level. In the...
Persistent link: https://www.econbiz.de/10012899077
Since its launch in 2007, Android has become the dominant mobile device operating system worldwide. In light of this commercial success and certain disputed business practices, Android has come under substantial attention from competition authorities. We present key aspects of Google's strategy...
Persistent link: https://www.econbiz.de/10012935610
The Roberts Court's reign at the United States Supreme Court is only in its nascent stages. Already, however, its antitrust activity level has far exceeded the Court's single case average prior to the 2003-04 Term by a significant margin. The recent flurry of antitrust activity and the likely...
Persistent link: https://www.econbiz.de/10012766392
Distribution cartels in the automotive sector used to be frequently dismantled and sanctioned by the European Commission and the EU Courts still some 15 years ago. In recent years, however, only a few cases have been reported at the national level of EU Member States. Is it because the...
Persistent link: https://www.econbiz.de/10012817885
Justice Gorsuch began the oral argument in Ohio v. American Express with pointed questions on consumer welfare, output, and deadweight loss. Justice Breyer began his dissent with a spirited defense of the “American approach” to using antitrust litigation, rather than government regulation,...
Persistent link: https://www.econbiz.de/10012866957
America's failing antitrust system is, in large part, to blame for today's market power problem. Lax antitrust law and enforcement have allowed troubling trends like corporate consolidation to remain unchallenged, further embedding our skewed economy. In highly consolidated markets, consumers...
Persistent link: https://www.econbiz.de/10012850758
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The enforcement policy of the Egyptian Competition Law reveals that there are two varying approaches in relation to the concept of related parties/single economic unit. The first requires for parties to be related, to be active in the same relevant market. This created discrepancies in practice....
Persistent link: https://www.econbiz.de/10013019016
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