Antitrust Policy And Inequality Of Wealth

Antitrust Policy And Inequality Of Wealth

By Herbert Hovenkamp –  Why should we use antitrust law as a wealth distribution device when far more explicit statutory tools are available for that purpose? One feature of antitrust is its open-textured, nonspecific statutes, so using antitrust to redistribute wealth may be a way of invoking the judicial process without having to go to […]

Further Reflections On Antitrust And Wealth Inequality

Further Reflections On Antitrust And Wealth Inequality

By Daniel A. Crane –  Drawing on earlier work, Crane debunks that claims that lax antitrust enforcement exacerbates wealth inequality. The assumption that antitrust violations generally involve wealth transfers from comparatively poorer consumers to comparatively wealthier shareholders fails to capture many of the countervailing effects of market power exercises and antitrust enforcement. Although some antitrust […]

The Multifaceted Nature Of Fairness In Competition Policy

The Multifaceted Nature Of Fairness In Competition Policy

By Michael Trebilcock & Francesco Ducci –  In this article, we explore the multifaceted dimensions of fairness in competition policy. Parallel to the revival of free trade versus fair trade debates at the international level, fairness considerations are making their way back into the competition policy domain as a result of a widespread decrease in […]

Inequality And Competition Policy

Inequality And Competition Policy

By Bruce Lyons –  Not all sources of competition reduce inequality by limiting prices and profits. In developed economies, globalization raises the payoff to those controlling the best products and puts downward pressure on the low paid. Antitrust to limit market power is an important force for restraining inequality, and economists have good reasons not […]

Antitrust: Tracing Inequality – From The United States To South Africa

Antitrust: Tracing Inequality – From The United States To South Africa

By Eleanor M. Fox –  A notion of equality has run through antitrust (or competition) law since the beginning of (antitrust) time. This essay traces uses of the equality value in antitrust law since the enactment of the Sherman Act in 1890. It focuses particularly on equality of opportunity: keeping open pathways for outsiders to […]

Competition Policy And Inequality: Developing Countries’ Prespectives

Competition Policy And Inequality: Developing Countries’ Prespectives

By Azza A. Raslan –  The article investigates the inclusion of broader policy objectives that are linked to development and wealth equality in the competition laws of developing jurisdictions. It discusses the subtleties of the different approaches to policy choices, providing a cross-sectional analysis of the issue. It emphasizes the need for more empirical research […]

Antitrust And Inequality – Time For A Paradigm Change

Antitrust And Inequality – Time For A Paradigm Change

By Damjan Kukovec –  The debate about antitrust and inequality reveals that increased antitrust enforcement and equality are not necessarily connected. It further reveals that there is a lack of evidence on antitrust enforcement’s impact on society, including on its ability to increase the pie for the world as a whole. Antitrust law is thus […]

A Preliminary Assessment Of The European Commission’s Google Search Decision

A Preliminary Assessment Of The European Commission’s Google Search Decision

By Pinar Akman –  This article provides some initial thoughts on the European Commission’s infringement decision in Google Search. Pending a review of the full decision, the article briefly discusses three critical issues that go to the heart of the decision. The article offers thoughts on the abuse, the theory of harm and the remedy […]