October 2014, Volume 4, Number 10 |
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A tribute to Nobel Prize winner Jean Tirole leads off, then 2 very contrary views on Amazon, the Supreme Court’s look at state action immunity, and a parting shot by Commissioner Almunia. Plus more on Google, monopolies, health-related matters, EU cohesion, fortune-telling, and a hard look at the proliferation of global competition authorities. |
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Amazon’s Monopsony is Not O.K. Amazon.com, the giant online retailer, has too much power, and it uses that power in ways that hurt America. Paul Krugman (N.Y. Times) |
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Microsoft’s Android Anathema The latest volley in Microsoft’s tiresome and ironic campaign to bludgeon Google with the same regulatory club once used against Microsoft itself is the company’s effort to foment an Android-related antitrust case in Europe. Geoffrey Manne (Chillin’ Competition) |
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Three Cheers for ‘Creative Monopolies’ All Innovators have temporary market dominance. Peter Thiel knows this; so does Antonin Scalia. Too bad most lawyers and economists don’t. L. Gordon Crovitz (W.S.J.) |
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