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Consumer Welfare

Why Patent Monopsonies Increase Consumer Welfare

By Bernard Chao & Tod Duncan (University of Denver Sturm College of Law) Technical standards are an essential part of how the modern world operates....
Buyer Cartels Defining Appropriate Competition Policy

Buyer Cartels: Defining Appropriate Competition Policy

Buyer power issues are of increasing concern for competition law and policy. This includes buyer cartels. It is important to distinguish cartels from legitimate...
The NCAA Cartel in Sheepskin Clothing

The NCAA: A Cartel in Sheepskin Clothing

In spite of enjoying substantial commercial success, the National Collegiate Athletic Association (“NCAA”) continues to limit the compensation of student-athletes through collusive monopsonistic restraints....
Consolidation and Concentration in Agricultural Biotechnology: Next Generation Competition Issues

Competitive Edge: Big Ag’s Monopsony Problem: How Market Dominance Harms U.S....

By: Hiba Hafiz & Nathan Miller (Washington Center for Equitable Growth) Agricultural markets are among the most highly concentrated in the United States. The markets...
A Note on Antitrust, Labor, and “No Cold Call” Agreements in Silicon Valley

A Note on Antitrust, Labor, and “No Cold Call” Agreements in...

By Russell Pittman (US Department of Justice)1   The issue of how to provide incentives for a private firm to invest in the knowledge and capabilities...
Digital economy

Labor Organization in Ride Sharing – Unionization or Cartelization?

By Mark Anderson (University of Idaho) & Max Huffman (Indiana University) The sharing economy brings together the constituent parts of a business enterprise into a...
Collusion in the Labor Market: Intended and Unintended Consequences

Collusion in the Labor Market: Intended and Unintended Consequences

In an effort to improve profits, employers sometimes collude in local labor markets. This has occurred recently in the markets for hardware and software...
Monopsony Power and COVID-19: Should We Appoint Exempt Monopsonists to Deal With the Crisis?

Monopsony Power and COVID-19: Should We Appoint Exempt Monopsonists to Deal...

The novel strain of coronavirus COVID-19 has upended countless areas of life, from home economics to the structure of global supply chains. Key supplies...
No Poaching Agreements and Antitrust Enforcement

No Poaching Agreements and Antitrust Enforcement

No-poaching agreements are agreements among rival employers to not recruit or hire another firm’s employees. These agreements affect the price of an input and...
Hospital Consolidation and Monopsony Power in the Labor Market for Nurses

Hospital Consolidation and Monopsony Power in the Labor Market for Nurses

The U.S. has faced a persistent nursing shortage since World War II. Monopsony power is often considered a contributing factor to this chronic shortage....
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