The end of competition?

Posted by The Washington Post The end of competition? By Robert J. Samuelson Competition is dying. That’s the latest complaint against American business. We have too many supersized firms, excessively large and unnaturally profitable. Dubious mergers, permitted by toothless antitrust laws, boost companies’ market power and squash rivals. The lifeblood of a dynamic economy is […]

Hear Me Out: Understanding the US and EU Competition Hearings, Part 1: What Came Before, and What Is Happening Now

Posted by American Bar Association Hear Me Out: Understanding the US and EU Competition Hearings, Part 1: What Came Before, and What Is Happening Now By Koren Wong-Ervin Europe and the US are both holding broad hearings on competition and consumer protection. Why are the hearings taking place, what are the goals, why do they matter […]

Global: White & Case promotes 5 new competition partners

Global: White & Case promotes 5 new competition partners

White & Case has promoted 41 of its lawyers around the world to partnership. The promotions are effective on January 1, 2019, and represent 12 of the Firm’s global practices in 15 locations. Of those elected, 5 are competition lawyers. “Becoming a partner is the result of many years of dedication and top quality work […]

Innovation by Dominant Firms in the Market: Damned If You Don’t… But Damned If You Do?

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 […]

Australia: ACCC starts probe into forex services

Australia: ACCC starts probe into forex services

The Australian Competition and Consumer Commission (ACCC) stated on Tuesday, October 2, it had opened an inquiry into foreign exchange services in the country, reported The Financial Times. The regulator announced in a statement that it would examine price competition among suppliers of foreign currency conversion services and consider how easily potential entrants to the […]

Innovation by Dominant Firms in the Market: Damned If You Don’t… But Damned If You Do?

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 […]

EU: Vestager opens probe into Amazon

EU: Vestager opens probe into Amazon

Amazon’s business model is under the spotlight in Europe after the EU’s antitrust watchdog launched a preliminary investigation into how the platform uses data about merchants, reported the Wall Street Journal. The informal probe concerns the e-commerce group’s dual role as a competitor while simultaneously acting as host to third-party merchants, who sell goods on […]

Killer Acquisitions

Posted by Social Science Research Network Killer Acquisitions By Colleen Cunningham, Florian Ederer & Song Ma Firms have incentives to acquire innovative targets to discontinue the development of the targets’ innovation projects and preempt future competition. We call such acquisitions “killer acquisitions.” We develop a parsimonious model in which killer acquisitions arise from an incumbent’s desire to prevent […]

The Federal Trade Commission’s Hearings on Competition and Consumer Protection in the 21st Century, the Consumer Welfare Standard in Antitrust Law, Comment of the Global Antitrust Institute, Antonin Scalia Law School, George Mason University

Posted by Social Science Research Network The Federal Trade Commission’s Hearings on Competition and Consumer Protection in the 21st Century, the Consumer Welfare Standard in Antitrust Law, Comment of the Global Antitrust Institute, Antonin Scalia Law School, George Mason University By Tad Lipsky, Joshua D. Wright, Douglas H. Ginsburg, & John M. Yun This comment […]

Economists Gear Up to Challenge the Monopolies

Posted by Bloomberg Opinion Economists Gear Up to Challenge the Monopolies By Noah Smith The antitrust movement is making a comeback. Zephyr Teachout, candidate for New York state attorney general, is promising to fight monopolies. Activists such as Matt Stoller of the Open Market Institute are beginning to draw attention to the problem of concentrated […]

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