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The EU competition policy in regard to vertical restraints is mainly based upon neoclassical efficiency-oriented reasonings, leading to a neglect of the innovation dimension. This paper analyses to what extent evolutionary theories of competition and innovation economics can be used to derive...
Persistent link: https://www.econbiz.de/10010265763
The EU competition policy in regard to vertical restraints is mainly based upon neoclassical efficiency-oriented reasonings, leading to a neglect of the innovation dimension. This paper analyses to what extent evolutionary theories of competition and innovation economics can be used to derive...
Persistent link: https://www.econbiz.de/10005685631
The merger between Dow and DuPont, two US-based chemicals companies, was approved by the European Commission subject to extensive conditions. Besides price-related effects, serious concerns were raised as regards the effects of the merger on innovation competition in the crop protection...
Persistent link: https://www.econbiz.de/10013224703
Abstract: Both in US antitrust and EU competition policy a development to a broader appli-cation of rule of reason instead of per se rules can be observed. In the European discussion the attempt to base competition policy on a "more economic approach" is mainly viewed as im-proving the economic...
Persistent link: https://www.econbiz.de/10005685639
European competition policy in regard to vertical restraints is currently based on modern industrial economics. As far as vertical restraints are concerned, this influential economic approach has contributed to correcting the former much less positive competition assessment of these practices...
Persistent link: https://www.econbiz.de/10011020200
Recent copyright cases on both sides of the Atlantic focused on important interoperability issues. While the decision by the Court of Justice of the European Union in SAS Institute, Inc. v. World Programming Ltd. assessed data formats under the EU Software Directive, the ruling by the Northern...
Persistent link: https://www.econbiz.de/10014164767
Big data is an important phenomenon injecting transformative effects into social and economic relationships. Consumers, firms and machines produce unprecedented amounts of data collected, stored and analysed by leveraging the synergic capabilities of mathematics, computer science and the...
Persistent link: https://www.econbiz.de/10013001125
Algorithms are the fundamental ingredient of online businesses such as search engines, marketplaces, peer-to peer platforms and social networks. They have already deeply affected the way individuals shop, communicate, and interact with one another. In pursuit of automation-driven efficiencies...
Persistent link: https://www.econbiz.de/10012954220
A two-sided platform business is a new type of intermediary to be found in a growing number of economic sectors. As to the hospitability industry in particular, recent innovations in the field of digital technologies prompted the rise of so called Online Travel Agents (OTAs) and the demise of...
Persistent link: https://www.econbiz.de/10012987852
In recent years, technological advances have propelled platforms to centre stage and competition authorities increasingly deal with issues pertaining to their workings in ICT and other industries. A still partially unanswered question, though, is what is the theoretical framework that looks most...
Persistent link: https://www.econbiz.de/10012909879