The year ends with some of our old favorites—Google, pharm, cartel, and high-tech—but also with authorities sending confusing messages, political interference, and pleas for common sense. But one message is timeless: Happy Holidays and New Year, everyone! Thanks for reading, and see you in 2015.
Investors and Consumers Competition law works to benefit society, not necessarily investors in individual companies. Kevin Coates (21st Century Competition)
Playing for the gallery—On the European Parliament’s resolution on the unbundling of Google The true problem is that something is wrong with separation of powers (even in the peculiar EU context) when the legislative branch steps into the application of the rules and puts pressure on the executive—acting as quasi judiciary—to interpret and enforce the rules in a given way. Alfonso Lamadrid (Chillin’Competition)
FTC Milestones: Cold War chills report on International Petroleum Cartel What happened next no doubt reflects the sensitivities of America at the beginning of the Cold War, and later events, such as the formation of OPEC, dramatically changed the competitive dynamic of world oil markets. Kelly Signs (FTC) NOTE: This is one of an intriguing series of reports on important FTC milestones during its 100 year history; you can see the list of previous blogs atCompetition Matters.
The costs of intervening But what is particularly unusual about the Ethernet decision is that an order was made requiring an intervenor to pay some of the successful party’s costs. Tristan Jones (Competition Bulletin)
Digitised Products: How about just giving up? I believe the very concept of exclusive intellectual property with respect to recorded music has come to a natural end, or something like an end. Joshua Gans (Digitopoly)
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