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Nowadays, merger control predominantly relies upon a strict analysis of the effects from merger and acquisitions on effective competition. However, there is scope for so-called public interest considerations in several European merger control regimes and recently a number of European politicians...
Persistent link: https://www.econbiz.de/10012057286
Platforms like Uber, Google Search, and Hulu pervade the modern economic landscape. A platform caters to distinct but deeply-interdependent “sides” of customers that derive value or revenues from one another, such as the merchants and cardholders on a credit card network, or the advertisers...
Persistent link: https://www.econbiz.de/10012914121
Digital platforms operate in multisided markets providing services through the internet to two or more distinct groups of users, between which there are indirect network effects. Direct network effects are frequently present within each group. Therefore, online platforms usually present both...
Persistent link: https://www.econbiz.de/10012949267
This article examines the treatment in the EU of trade secrets, which are not recognized in many EU Member States as intellectual property. The authors analyze the EU’s obligations under international treaties (notably TRIPS) and under European law (notably the EU Charter of Fundamental Rights...
Persistent link: https://www.econbiz.de/10014165480
Rapid development of generative artificial intelligence chatbots like ChatGPT is leading search engine providers to move from search to answer engines. Unlike search engines, which provide search results in the form of blue links to content creators, answer engines generate personalised answers...
Persistent link: https://www.econbiz.de/10014316205
We explore the implications of the widely accepted understanding that competition law is common — or “judge-made” — law. Specifically, we ask how the rule of reason in antitrust law should be shaped and implemented, not just to guide correct application of existing law to the facts of a...
Persistent link: https://www.econbiz.de/10012837578
In 2013, I served as a court-appointed expert in consolidated class and individual plaintiff antitrust litigation against Visa and Mastercard in the Eastern District of New York. The litigation involved a challenge to default interchange fees established by Visa and Mastercard, and to certain...
Persistent link: https://www.econbiz.de/10012937650
good or service. Even if these firms are monopoly or oligopolies in their fields with huge economic rents, if they pass …
Persistent link: https://www.econbiz.de/10012804859
surrounding antitrust proceedings revive the academic discussion about the monopoly power of sport-internal governing bodies (like …, we discuss how much monopoly is unavoidable in premier-level European football and how its powers can be limited and …
Persistent link: https://www.econbiz.de/10013367751
market power is a cornerstone of competition law regimes worldwide. Yet notwithstanding the social costs of monopoly modern …." Importantly, anticompetitive conduct can take place both on the road to monopoly and, later on, once substantial market power has …
Persistent link: https://www.econbiz.de/10014045843