The Federal Trade Commission announced the agenda for the fifth session of its Hearings initiative, with a one-day session to be held at the Georgetown University Law Center in Washington, DC on November 1, 2018. This session reschedules the hearing session originally postponed on September 14 due to inclement weather. The Georgetown event will examine […]
Posted by Social Science Research Network Antitrust in the Internet Era: The Legacy of United States v. A&P By Timothy J. Muris (George Mason University) & Jonathan E. Nuechterlein (Sidley Austin LLP) Critics from both the right and the left claim that modern antitrust doctrine, rooted in consumer welfare, is inadequate to handle the challenges […]
Federal Trade Commission (FTC) Chairman Joseph Simons appointed Andrew Katsaros as the FTC’s Acting Inspector General, succeeding Roslyn A. Mazer, who retired from federal service at the end of May after serving for more than three years as the agency’s Inspector General. “I’m pleased to announce that Andrew has joined us to fill this important […]
Rep. Keith Ellison (D-Minn.) is calling for the Federal Trade Commission (FTC) to open a new investigation into Google and how it wields its market dominance. Ellison, the vice chairman of the Democratic National Committee, asked the FTC’s commissioners in a letter on Friday to look into the Google search practices that led to a massive fine […]
Three members of the Federal Trade Commission were sworn in on Wednesday, bringing the agency to full staffing at the top for the first time since mid-2015. Chairman Joe Simons, a Republican, had been sworn in late Tuesday. On Wednesday, Republican Noah Phillips was sworn in along with Democrats Rebecca Slaughter and Rohit Chopra. The […]
Posted by Social Science Research Network The Economic Analysis of Antitrust Consents By Joshua D. Wright & Douglas H. Ginsburg (George Mason University) Henry G. Manne, our friend, Mentor, and colleague, was a pioneer in the economic analysis of law. By consistently challenging the notion that existing institutions were well understood, he expanded the domain of […]
Posted by Social Science Research Network How to Economize Consumer Protection By Michael R. Baye (Indiana University) & Joshua D. Wright (George Mason University) The US antitrust laws are about protecting consumers from harm stemming from abuses of competition and the competitive process. Courts, private parties, and federal agencies extensively rely upon economists to help […]
European and US Competition regulators approved the €48 billion (US$52.49 billion) merger of Italian eyewear maker Luxottica and French lens manufacturer Essilor, sending shares in both companies higher, reported Reuters. The US Federal Trade Commission (FTC) dropped a probe into the merger of the two companies following the unconditional approval of the deal by European authorities […]
On Thursday, March 1, Sanofi announced that it has received antitrust clearances in the US and Germany in connection with its proposed acquisition of Ablynx. Sanofi said that a waiting period for its proposed acquisition of Ablynx had expired without objections being raised. Under the US Hart-Scott-Rodino Antitrust Improvements Act, parties to certain transactions must […]
The US Federal Trade Commission (FTC) said on Friday, February 23, it would challenge in court the Norwegian company Wilhelmsen Maritime Services’ plan to buy smaller US rival Drew Marine Group. The FTC said the US$400 million proposed deal would reduce competition in the market for marine water treatment chemicals, used in a ship’s boiler […]