Posted by Social Science Research Network Duty to Treat Downstream Rivals Equally: (Merely) a Natural Remedy to Google’s Monopoly Leveraging Abuse By Thomas Hoppner (Technical University Wildau) Abstract: Google has argued that, in its comparison shopping decision, the European Commission created a novel rule that a dominant company may not favour its own services. […]
Posted by Social Science Research Network Heterodox Antitrust Economics By James Ming Chen (Michigan State University) Abstract: Antitrust economics is a discipline developed by academic economists in concert with the refinement of per se rules and the rule of reason by the Supreme Court. Distinct bodies of antitrust thought — such as the Chicago […]
Posted by Social Science Research Network A Proposal for a Structural Remedy for Illegal Collusion By Joseph E. Harrington Jr (University of Pennsylvania) Abstract: It is proposed that competition authorities use a structural remedy for some convicted cartels. The remedy would have cartel member(s) sell productive assets such as capacity to other firms […]
Posted by The Orange County Register Busting antitrust myths about Amazon, Google and Facebook By Adam B. Summers Can a business become too successful? Can it serve its customers too well? It can, if you are a government economist or bureaucrat — or a less efficient rival with political connections. There are increasing calls for […]
Posted by Social Science Research Network Developing Competition Law for Collusion by Autonomous Price-Setting Agents By Joseph E. Harrington Jr (University of Pennsylvania) Abstract: After arguing that collusion by software programs which choose pricing rules without any human intervention is not in violation of section 1 of the Sherman Act, the paper offers […]
By Rafael Garcia (University of A Coruña) This article examines the concept of “professional diligence,” which is the core element of the general clause of the Unfair Commercial Practices Directive (2005/29/EC). It proposes several ways to concrete the concept, in order to avoid as much as possible the uncertainty inherent to the general clause. Download […]
Posted by The Guardian Margrethe Vestager: ‘We are doing this because people are angry’ By Tim Adams In the unhinged 18 months since the EU referendum was called, I’ve listened to and made many arguments about the folly and hubris of Brexit, but I’ve never encountered any argument quite as compelling as the simple presence of Margrethe […]
Posted by The Economist Is Margrethe Vestager championing consumers or her political career? Even her enemies admire the bloody-mindedness of Margrethe Vestager, the European commissioner in charge of competition policy. Last autumn, not long after she had ordered Apple to pay €13bn ($14.5bn) in back-taxes to Ireland, to the fury of many in America, she flew […]
Posted by Politico Inside the new battle against Google By Danny Vinik One of the biggest, most embarrassing divorces in the normally quiet world of Washington think tanks blew into the open earlier this month, when writer Barry Lynn and nine others defected from New America. Lynn said they were pushed out of the influential […]
Posted by Politico Conservatives, liberals unite against Silicon Valley By Nancy Scola The days of unqualified praise from Washington are over for the country’s biggest tech companies, whose size and power are increasingly drawing attacks from both the left and the right. Democrats are condemning Facebook for allowing “fake news” and Russia-linked ads during the […]