Last week the European Parliament adopted its annual own-initiative report on EU competition policy by a large cross-party majority. With this report, the European Parliament takes a stand on current developments in competition policy and calls for a fundamental overhaul of EU competition policy for the first time. The report was drafted by the Austrian […]
Posted by Social Science Research Network Recent Developments at DG Competition: 2017/2018 By Andrea Amelio, Gabor Koltay, Penelope Papandropoulos & Hans Zenger (European Union), Thomas Buettner, Cyril Hariton (Toulouse Business School), Geza Sapi (European Commission) & Tommaso M. Valletti (Imperial College Business School) The Directorate General for Competition at the European Commission enforces competition law in the areas of […]
Posted by Social Science Research Network What Should EU Competition Policy do to Address the Concerns Raised by the Digital Platforms’ Market Power? By Damien Geradin This short paper, which takes the form of observations submitted to the European Commission in the context of its decision to host a conference in Brussels in January 2019 on […]
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 Innovation by Dominant Firms in the Market: Damned If You Don’t… But Damned If You Do? By Francisco Marcos (IE Law School) Innovation is key for dynamic efficiency and one of the best recipes to increase long-term businesses’ profits and, at the same time, enhance consumer welfare. Modern high-technology […]
Posted by Social Science Research Network Innovation by Dominant Firms in the Market: Damned If You Don’t… But Damned If You Do? By Francisco Marcos Innovation is key for dynamic efficiency and one of the best recipes to increase long-term businesses’ profits and, at the same time, enhance consumer welfare. Modern high-technology markets offer a perfect […]
The European Commission’s Competition Commissioner Margrethe Vestager in March of this year appointed three digital experts to advise her on the challenges digitization could one day pose to competition policy, which she hopes her successor will continue. In July, she called on citizens to submit their views to the Commission by the end of September. […]
The European Commission has opened an in-depth investigation into chemical company BASF’s proposed takeover of Solvay’s nylon business, according to a statement issued Tuesday, June 26. BASF said in September that it planned to close the €1.6 billion (US$1.87 billion) transaction in the third quarter of 2018. However, the Commission said it is concerned that […]
Posted by Social Science Research Network Competition Policy Out of the Box By Adriaan Ten Kate Competition policy is there to promote competition in order to lower prices and enhance economic efficiency. It does so by challenging business conduct deemed anticompetitive. The purpose of this essay is to address two questions. First: Does competition policy […]
Posted by Social Science Research Network The Adequacy of Competition Policy for Cryptocurrency Markets By Peder Østbye (Norges Bank) Abstract: Several cryptocurrencies are now circulating in the economy. Many have significant market value measured in national currencies. The intention behind most of these currencies is to replace or supplement the traditional payment system based […]