CVS-Aetna Deal May Hinge on Antitrust Approach Under Trump

Posted by Bloomberg CVS-Aetna Deal May Hinge on Antitrust Approach Under Trump By Robert Langreth, David McLaughlin & Zachary Tracer CVS Health’s US$67.5 billion takeover of Aetna will test the Trump administration’s approach to far-reaching corporate takeovers, just weeks after the US government sued to block a major telecommunications merger. The health-care deal unveiled Sunday would […]

EU Competition policy must not limit local and regional support

Posted by European Committee of the Regions EU Competition policy must not limit local and regional support EU local and regional authorities welcome competition policy achievements but demand more flexibility for state aid rules to overcome challenges such as Brexit The impact of the EU’s competition policy on local and regional authorities was the topic of […]

Ohlhausen: “FTC Can Enforce Net Neutrality Principles”

Posted by Federal Trade Commission Ohlhausen Says FTC Can Enforce Net Neutrality Principles By Maureen K. Ohlhausen I’m very pleased to be here today to talk about how the FCC’s Restoring Internet Freedom proposal revives and even enhances the FTC’s ability to protect broadband consumers. Back in 2014, I warned that regulating broadband providers as Title II […]

The EU Antitrust Damages Directive: Transposition in the Member States – Portugal

Posted by Social Science Research Network The EU Antitrust Damages Directive: Transposition in the Member States – Portugal By Miguel Sousa Ferro (University of Lisbon Law School) Abstract:     This paper describes the current status of the transposition of the Private Enforcement Directive (Directive 2014/104/EU) in Portugal. It analyses the transposition procedure itself, as well […]

Bad Science: Abuse And Effects In Online Markets

Bad Science: Abuse And Effects In Online Markets

By Alexander M. Waksman[1] Imagine a scientist who has total conviction that a particular hypothesis is correct.  The scientist’s belief in their hypothesis is so strong that they dispense with the need to test it in experiments or compare it against empirical data.  Even when third parties carry out such tests, the scientist considers it […]

The Trump Administration’s Incoherent Stance on Competition

Posted by New York Times The Trump Administration’s Incoherent Stance on Competition By Jonathan Taplin Peter Thiel, Facebook’s first outside investor, once wrote: “Competition is for losers. If you want to create and capture lasting value, look to build a monopoly.” Executives at Facebook, Google and Amazon seem to have taken his blunt advice. If only the […]

AT&T and the Danger of ‘Vertical Integration’

Posted by Wall Street Journal AT&T and the Danger of ‘Vertical Integration’ By Irwin Stelzer No one should be surprised by the Justice Department’s attempt to block AT&T’s $85 billion bid to acquire Time Warner. Neither economic theory nor recent experience suggests there is anything novel about the antitrust theory underlying the government’s position. Continue Reading… 

Platform Market Power

Posted by Social Science Research Network Platform Market Power By Kenneth A. Bamberger (University of California) & Orly Lobel (University of San Diego) Abstract:     The rise of the platform economy has been the subject of celebration and critique. Platform companies like Uber, Airbnb, and Postmates have been rightfully celebrated as positively disruptive, introducing much–needed […]

AT&T’s CEO Meets Trump’s Justice

Posted by New York Times AT&T’s CEO Meets Trump’s Justice By Bret Stephens “I have no evidence that there’s been inappropriate behavior. What I have is a really peculiar timeline.” I’m on the line with Randall Stephenson, AT&T’s chief executive. I’ve heard other C.E.O.s offer up brutal judgments of this and previous administrations — invariably in […]

Antitrust Governance in an Era of Rapid Change

Posted by Social Science Research Network Antitrust Governance in an Era of Rapid Change By Stavros Makris Abstract:     The present article uses the digital economy as a canvass to draw the strengths and the pitfalls of commitments, as a sui generis tool of modern EU antitrust governance. Are commitments an appropriate device for enforcing […]