The competition world has been really active this month. Among other treats, Great Britain is planning to reorganize its competition administration, the DOJ is attacking digital book prices, Carlos Slim is trying to get even wealthier, the Chinese are looking askance at some of their own large companies, and let’s not forget the French are unearthing serious problems in the food and produce world. Endive salad, anyone?
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How Cheap Should Books Be?
Its hard to escape the sense that this means the book business will simply have to go back to living on Amazon’s terms. And we’ll have the Justice Department to thank for that.
Jordan Weissmann (The Atlantic)
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In Defense of Defining Markets
Werden v. Kaplow on whether the entire “market definition/ market share” paradigm of antitrust is misguided and beyond repair.
Josh Wright (Truth on the Market)
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Enforcement Menu
As God is our witness, we’ll never be food-obsessed again!
Alfonso Lamadrid & Nicolas Petit (Chillin’ Competition)
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