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This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition … policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each … central features of antitrust policy. Our objective is to foster the improvement of legal regimes and also to identify topics …
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The paper offers an economic appraisal of selected aspects of EC law and policy towards abuse of dominance (Article 82). After a brief discussion of thresholds for dominance, five theories of exclusionary harm to compeptition are outlined, concerning: predatory pricing, partial exclusion to...
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We analyze and contrast the US and EU antitrust standards on mixed bundling and tying. We apply our analysis to the US … that there are differences between the EC and US antitrust law on the choice of the relevant analogy for bundled rebates …
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contract. I find that the standard proposed by the Antitrust Modernization Commission is likely to result in many cases of …
Persistent link: https://www.econbiz.de/10004967589
I discuss the impact of tying, bundling, and loyalty/requirement rebates on consumer surplus in the affected markets. I show that the Chicago School Theory of a single monopoly surplus that justifies tying, bundling, and loyalty/requirement rebates on the basis of efficiency typically fails....
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