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In this paper, we describe the development and current status of anti-manipulation rules as they apply to wholesale electricity and natural gas markets in the United States and the European Union, including the institutions that are responsible for overseeing these rules. We then compare and...
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Digital platforms operate in multisided markets providing services through the internet to two or more distinct groups of users, between which there are indirect network effects. Direct network effects are frequently present within each group. Therefore, online platforms usually present both...
Persistent link: https://www.econbiz.de/10012949267
Some legal academics have claimed that ‘machine collusion’ – tacit collusion generated by self-learning pricing algorithms without human involvement - is a real threat that will go uncheck by current antitrust. Half a decade after these claims received wide publicity the only evidence are...
Persistent link: https://www.econbiz.de/10013310415
Leading jurisdictions around the world are debating whether the nature of data-driven digital markets and the smart technologies that enable these markets require a re-thinking of how antitrust law applies to digital markets. There are many aspects to consider in this discussion, relating both...
Persistent link: https://www.econbiz.de/10013312352
Mainstream competition law has failed to protect competition in core digital platform markets. This is partially due to enforcement agency’s current commitment to proving the investigated conduct’s actual effects on competition and consumer welfare on the basis of in-depth assessments of...
Persistent link: https://www.econbiz.de/10013300248
The relationship between privacy and competition law is complex and contentious. May or should compe- tition agencies consider business conduct’s negative impact on privacy when this effect was the conse- quence of a restriction or absence of competition? This contribution critically assesses...
Persistent link: https://www.econbiz.de/10013291410
Buyer power effects in competition law remain a relatively unexplored area of the literature and practice. Even more scarce are concentration cases—instances in which the ability of a buyer to decrease the prices it pays for a good by withholding demand or through bargaining tactics play a...
Persistent link: https://www.econbiz.de/10013235717