Interchange Fees: Efficient Pricing or Market Failure?

This discussion concerns whether Interchange Fees provide Efficient Pricing or Market Failure. The conversation is begun by Richard  Schmalensee from MIT, who concludes that while the card schemes may not set the “socially optimal fee” there is no reason to believe that the fee they do set is that much different or that regulators have […]

Antitrust In the New U.S. Administration: A TransAtlantic View

This article is part of a Chronicle. See more from this Chronicle Abel Mateus, Jan 20, 2009 The election of the new democratic administration in the United States in November 2008 was overwhelmingly greeted in Europe as an opportunity to reinforce transatlantic cooperation and convergence in competition law and policy. This study evaluates the plausibility […]

Outline of the Amendment to the Japanese Antimonopoly Law

This article is part of a Chronicle. See more from this Chronicle Aug 13, 2009 On June 3, 2009, the bill to amend the Act concerning Prohibition of Private Monopolization and Maintenance of Fair Trade (Antimonopoly Act) was approved and established at the 171st ordinary session of the Diet. The Act was promulgated as Act […]

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