Posted by Social Science Research Network Attention Platforms, the Value of Content, and Public Policy By David S. Evans (Global Economics Group) This paper shows that two related aspects of attention platforms are important for the sound economic analysis of public policy including antitrust: First, attention platforms generate valuable content. Even though people often don’t […]
Posted by Social Science Research Network Competition Law and Most Favoured Nation Clauses in Online Markets By Margherita Colangelo (Roma Tre University) Recent antitrust enforcement in the EU has focused on the use of some peculiar forms of Most Favoured Nation (MFN) clauses by online platforms, giving rise to a wide discussion involving scholars, competition […]
Posted by Bloomberg The Most Powerful Person in Tech Is … David Cicilline? By Joe Nocera When David Cicilline was approached at the beginning of the last Congress about becoming the ranking member of the antitrust subcommittee 1 of the House Judiciary Committee, his first inclination was to say no. Cicilline, a Democrat from Rhode Island, […]
Posted by Europa ‘Shaping competition policy in the era of digitisation’ On 17 January 2019, Margrethe Vestager, Commissioner for Competition, will host a one-day conference featuring a keynote speech by Nobel laureate Professor Jean Tirole, in Brussels on ‘Shaping competition policy in the era of digitisation’. As Commissioner Vestager said in a speech on 18 September 2017, […]
Posted by Bloomberg Economists Get Serious About the Harm From Monopolies By Noah Smith The big story at the annual American Economic Association meeting in Atlanta earlier this month was about the economics profession dealing with its gender problem. But after that, the second-most-interesting debate in economics right now is over antitrust and monopoly power. Two […]
Posted by DisCo What Will Competition Policy in 2019 Look Like? By Matthew Lane 2019 is here, and it is looking like competition issues will be a big part of policy considerations for the year. It’s a good time to take a step back and look at where we are likely headed. Here are my 2019 […]
Posted by Lexology China antitrust authority consults on agreements rules By Adrian Emch (Hogan Lovells) On 3 January 2019, the State Administration for Market Regulation (SAMR) released a draft of the Regulation on the Prohibition of Monopoly Agreement Conduct (Draft) on its website, inviting comments from interested stakeholders. The consultation period ends on 3 February. The Draft is […]
As every year (see 2015, 2016, 2017), here are the 10 most downloaded antitrust articles in the world on SSRN. There is a real balance this year, at least between consumer welfare standard vs. neo-Brandeis movement and digital vs. non-digital issues. Enjoy your reading and a very happy new year 2019. Continue reading…
Posted by CNET Qualcomm-FTC lawsuit: Everything you need to know Friday marks the start of a case that could affect the future of our smartphones. The US Federal Trade Commission has accused Qualcomm of operating a monopoly in wireless chips, forcing customers like Apple to work with it exclusively and charging excessive licensing fees for […]
By Einer Elhauge (Harvard Law School) New economic proofs and empirical evidence provide powerful confirmation that, even when horizontal shareholders individually have minority stakes, horizontal shareholding in concentrated markets often has anticompetitive effects. The new economic proofs show that, without any need for coordination or communication, horizontal shareholding will cause corporate managers to lessen competition […]