Behavioral Economics: Antitrust Implications

Behavioral Economics: Antitrust Implications

By Stephen Martin –  U.S. Supreme Court decisions dictate that evidence in antitrust cases should be interpreted in accordance with the realities of competition in the marketplace, but seem to interpret such evidence as if the characteristics of most markets were close to the assumptions of the economic model of perfect competition. This is inconsistent […]

A Look at Behavioral Antitrust from 2018

A Look at Behavioral Antitrust from 2018

By Max Huffman –  Behavioral antitrust has proved to have staying power, with continued attention as an area of scholarly inquiry now two decades after the foundational work in behavioral law and economics was published. This short article revisits the origin and meaning of behavioral antitrust and highlights a few areas of its application. The […]

March to The Middle? Herd Behavior, Video Economics, and Social Media

March to The Middle? Herd Behavior, Video Economics, and Social Media

By Adam Candeub –  The internet and social media have become our public square. If market dominance or unfair commercial practices allow dominant online platforms to diminish discourse, antitrust law and the FTC or FCC might respond. Developed to understand television markets, video economics, if applied to internet-viewing, suggest that the dominant social media platforms […]

Antitrust Chronicle – Multi-Sided Markets & Consumer Harm

Antitrust Chronicle – Multi-Sided Markets & Consumer Harm

Dear Readers, To close out this consequential year in antitrust, the December 2018 CPI Antitrust Chronicle features articles related to multi-sided platforms and consumer harm. As the legal and economic literature have parsed out over the years, multisided markets have been around and long time, but today they have taken on a rather ubiquitous nature. […]

Google Android Antitrust: Dominance Pivots and a Business Model Clash in Brussels

Google Android Antitrust: Dominance Pivots and a Business Model Clash in Brussels

By Randal Picker –  The European Commission’s recent action against Google regarding the licensing terms for Android appears to undervalue results of the business model competition that has taken place in smartphone operating systems. Apple, Microsoft, and Google entered the smartphone market with different approaches: Apple vertically integrated software and hardware; Google went two-sided; and […]

The European Commission’s Android Decision and Broader Lessons for Article 102 Enforcement

The European Commission’s Android Decision and Broader Lessons for Article 102 Enforcement

By Nicholas Banasevic –  Against the backdrop of the ongoing debate about the appropriate role for competition policy in hi-tech markets and the suitability of its analytical tools, this article examines some of the key findings of the European Commission’s July 2018 Android Decision. While it is important to delineate between what issues should be […]

A Preliminary Assessment of the European Commission’s Google Android Decision

A Preliminary Assessment of the European Commission’s Google Android Decision

By Pınar Akman –  This article offers a preliminary overview of some of the pertinent aspects of the European Commission’s Google Android decision. It discusses the definition of the relevant market and competitive constraints in the case, including the potential constraint from Apple. It also offers thoughts on the theory of harm in the case […]

Google Android: Record-Breaking Fine on Anti-Competitive Practices Under Article 102 TFEU

Google Android: Record-Breaking Fine on Anti-Competitive Practices Under Article 102 TFEU

By Anca D. Chirita –  Commentators have been waiting for the Google II decision since mid-summer. The present contribution is based solely on the revelations in the European Commission’s press release. It concerns the anti-competitive tying, the exclusivity requirements, the market-foreclosure test, and consumer harm, as evidenced by unconscious bias and the lock-in effect, as […]

Assessing the Impact of Vertical Integration in Platform Markets

Assessing the Impact of Vertical Integration in Platform Markets

By Jerome Pouyet & Thomas Trégouët –  We analyze a vertical merger between a platform providing an operating system and a device manufacturer in the presence of indirect network effects between buyers of devices and developers of applications. Indirect network effects generate a form of demand complementarity at the manufacturer level. Vertical integration creates market […]

1 3 4 5 6 7 187