Posted by Social Science Research Network The Anticompetitive Effects of Vertical Most-Favored-Nation Restraints and the Error of Amex By Dennis W. Carlton (University of Chicago) This paper illustrates the underlying economic logic behind the anticompetitive effects of what Ralph Winter and I have labeled vertical most favored nation restraints in Carlton and Winter (2018). Those […]
France and Germany on Tuesday suggested giving the European Council, which includes member states’ leaders, the right to override the decisions of the European Commission on competition in some situations, to boost the European companies’ ability to compete internationally. Berlin and Paris want to overhaul EU mergers rules following the European Commission’s veto of efforts […]
EU antitrust Commissioner Margrethe Vestager is the clear favorite to succeed Jean-Claude Juncker as the next president of the European Commission, according to the results of a Europe-wide online survey that came out on February 19th. The survey by public affairs firm Burson Cohn & Wolfe (BCW), prepared in collaboration with EURACTIV, invited respondents to give their verdict on the performance of each […]
Facebook is not currently in EU regulators’ crosshairs, but it may well be in future because of the crucial role played by data, Europe’s antitrust chief said on Tuesday, February 19. European Competition Commissioner Margrethe Vestager’s comments came two weeks after the German cartel office ruled that the world’s largest social network abused its market […]
Junichiro Hironaka, a lawyer famous for winning rare acquittals in Japan, has been tapped to defend Nissan’s former chairman Carlos Ghosn as he battles charges of false financial reporting and breach of trust. The move, confirmed last week by Ghosn and Hironaka’s office, underscores Ghosn’s determination to prove his innocence. The odds are against him: […]
Governments globally are stepping up efforts to ensure level playing fields and stamp out anticompetitive behaviour and regionally it is no different. Last year saw an increase in antitrust enforcement throughout the Asia-Pacific region (Apac), with the Philippines and Indonesia leading Asean in ramping up anticompetitive enforcement, the details of which are contained in this […]
According to a report from Politico, former EU competition chief Mario Monti has delivered a stark warning that Paris is playing with fire by seeking to tear up Europe’s antitrust rules. France and Germany are upset because the EU this month blocked Alstom and Siemens from merging to form a European rail champion. Brussels argued the merger […]
US Senator Amy Klobuchar will enter the 2020 presidential race on Sunday to challenge Republican President Donald Trump. Klobuchar, 58, now in her third six-year term as a senator for Minnesota, will seek to position herself as a contrast to Trump, who is expected to be the Republican candidate in the November 2020 election, reported […]
Global antitrust practitioners are lauding the new FDI in e-commerce rules, which kicked in last week, and said the new rules will prevent technology companies from forming monopolies in India. They termed it as a step in the right direction to protect smaller businesses which sell on platforms like Amazon. However, some felt that the […]
Three pediatric medical practices can proceed with a proposed class action accusing pharmaceutical company Merck of illegally stifling competition to its rotavirus vaccine RotaTeq after a judge rejected the drugmaker’s bid to send the case to arbitration. US District Judge J. Curtis Joyner in Philadelphia ruled on Wednesday, January 23, that arbitration clauses contained in […]