The Australian high court has dismissed the Australian Competition and Consumer Commission’s (ACCC) application for special leave to appeal the Pfizer Australia ruling by the full federal court decision that the drug maker used its market dominance to reduce competition for its cholesterol-lowering drug Lipitor. According to the charges, Pfizer was accused to have abused […]
According to a report from the Wall Street Journal, a Chilean court is expected to rule in the coming week on a lawsuit aimed at derailing a deal critics say could create a cartel for lithium—a key component in batteries used in electric vehicles and smartphones. The legal challenge is the latest twist in a […]
In remarks delivered at the University of Haifa in Israel on Wednesday, October 17, the US Department of Justice’s Assistant Attorney General Makan Delrahim spoke about antitrust and innovation in today’s digital economy. Delrahim compared innovation and enforcement of the digital market between the US and Israel while also mentioning that he plans to focus […]
Posted by Social Science Research Network The AT&T/Time Warner Merger: Judge Leon Garbled Professor Nash By Steven C. Salop (Georgetown University) This short article forthcoming in the Journal of Antitrust Enforcement offers comments on Judge Leon’s opinion in the AT&T/Time Warner vertical merger litigation. It provides out a critical analysis of the court’s skeptical treatment […]
Posted by Social Science Research Network Algorithmic Price Discrimination on Online Platforms and Antitrust Enforcement in China’s Digital Economy By Wei Han, Yajie Gao & Ai Deng Antitrust issues in the digital economy, especially those concerning big data and algorithms, have attracted the attention of both scholars and practitioners all around the world. Against the backdrop of rapid […]
Posted by Social Science Research Network The Antitrust F Word: Fairness Considerations in Competition Law By Sandra Marco Colino This paper explores value of fairness as a goal of competition law. It contrasts the developments in the US, where non-economic goals are largely discarded by the prevailing antitrust thinking, with those in the EU and China, […]
Posted by Social Science Research Network Proportional Restraints in Horizontal Patent Settlements By Erik Hovenkamp & Jorge Lemus When rivals settle a patent dispute, they prefer to preserve monopoly profits, even if the patent is very likely invalid or noninfringed. Antitrust has come to embrace a policy that requires horizontal settlements to restrain competition by no […]
Posted by Social Science Research Network The Misguided Assault on the Consumer Welfare Standard in the Age of Platform Markets By A. Douglas Melamed & Nicolas Petit This paper discusses the recent scholarly and policy attack against the consumer welfare (“CW”) standard. It shows that the CW standard is not the explanatory factor for perceived low levels […]
The US Department of Justice (DOJ) will require United Technologies (UTC) to divest two Rockwell Collins divisions before it gives the final approval to the merger, reported the Financial Times. According to a statement released Monday night, October 1, Farmington, Connecticut-based UTC will be required to sell off Rockwell Collins’ pneumatic ice protections business—which builds […]
Posted by Social Science Research Network The Enduring Vitality of Comity in a Globalized World By Douglas H. Ginsburg & John Taladay Consideration of comity in antitrust cases is more important than ever. The global proliferation of competition law enforcement agencies has produced profound effects. Most are highly beneficial for consumers at a local level, but these […]