US: 11 banks must face class action

US: 11 banks must face class action

On July 28, US District Judge Paul Engelmayer in Manhattan ruled that 11 of the 12 banks named in a lawsuit must defend against claims that they boycotted three electronic platforms for swaps trade with the intention of ruining them. The banks are facing an antitrust lawsuit claiming that they colluded to rig the US$275 […]

Can Big Data Protect A Firm From Competition?

Can Big Data Protect A Firm From Competition?

By Anja Lambrecht & Catherine E. Tucker – This article looks at big data through the lens of a classic framework called the “resource-based view of the firm.” This framework states that, for big data to provide competitive advantage, it has to be inimitable, rare, valuable and non-substitutable. On deeper analysis, big data is not […]

Big Data, Privacy And Competition Law: Do Competition Authorities Know How To Do It?

Big Data, Privacy And Competition Law: Do Competition Authorities Know How To Do It?

By Alfonso Lamadrid & Sam Villiers – According to Prof. Dan Ariely “Big data is like teenage sex; everyone talks about it, nobody really knows how to do it, everyone thinks everyone else is doing it, so everyone claims they are doing it.”Recent moves suggest an evolution in the thinking of competition authorities. Is competition […]

Competition Policy in Consumer Financial Services: The Disparate Regulation of Online Marketplace Lenders and Banks

Thomas P. Brown and Molly E. Swartz, March 20, 2016 In October 2014, Washington D.C. City Council passed legislation that effectively allowed Uber to operate in the District. David Plouffe, formerly an advisor to the President and now an executive with Uber, greeted the new legislation with the following observation: Obviously what we’re doing doesn’t […]

A Hard Landing in the Soft Drink Market ”MOFCOM’s Veto of the Coca-Cola & Huiyuan Deal

Fei Deng, Adrian Emch, Gregory Leonard, Apr 30, 2009 On March 18, 2009, China’s Ministry of Commerce (MOFCOM) issued its decision to block the proposed takeover by The Coca-Cola Company (Coca-Cola) of China Huiyuan Juice Group Limited (Huiyuan). This is the first time that MOFCOM has prohibited a transaction under the Anti-Monopoly Law (AML), in […]

Let the Right “One” Win: Policy Lessons from the New Economics of Platforms

Glen Weyl, Alexander White, Jan 30, 2015 Many of the leading controversies in competition policy in the last two decades, especially those surrounding the Microsoft case, reflect the challenges posed by platform industries. Unfortunately, too often economists and policymakers have drawn the wrong lessons when thinking about such industries. Central to our analysis is a […]

Designing Competition Law Under Financial Crisis—Indonesia and Thailand Compared

R. Ian McEwin, Sep 11, 2014 The 1997 the Asian Financial Crisis was the impetus for the introduction of competition law in both Indonesia and Thailand. The crisis upset cozy pre-existing government-business relations and led to the collapse of some financial empires. There was a belief in both countries that anticompetitive practices, sanctioned by government, […]

CRCAL Presents: Overview of its Second Annual Meeting in Lima, Peru

Oct 08, 2013 CRCAL Presents: Overview of its Second Annual Meeting in Lima, Peru – Alain De Remes (Banco Interamericano de Desarrollo) & Rodrigo Ríos (CRCAL) (Click here for a PDF version of the article.) The Regional Competition Center for Latin America (CRC AL) held its Second Annual Meeting in Lima Peru on September 5, […]

CRCAL Presents: Workshop on the State of Competition in Key Economic Sectors in Honduras

Rodrigo Rios, Aug 19, 2013 The Regional Competition Center for Latin America (CRCAL), the World Bank (WB), the Bank Netherlands Partnership Program (BNPP), and the local competition authority (Comisión para la Defensa y Promoción de la Competencia from Honduras: CDPC) held on July 29, 2013 a workshop on the “Current State of Competition in Key […]

Vertical Restraints: A Look Ahead

Paulo da Silveira, Vinicius Marques de Carvalho, Marcos Paulo Verissimo, Jul 28, 2013 Competition authorities worldwide are constantly facing the challenges involved in the design of an effective competition policy towards vertical restraints. This may be explained by two main reasons. First, vertical restraints are ambiguous by nature, since they may cause anticompetitive impacts and, […]