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globalism. This essay focuses primarily on the area of antitrust or competition law, where the United States is a leader and one … our own system of competition law to better play the role of antitrust senior statesman in a global economy. This essay is … a plea for change in the United States based on the lessons learned abroad both in antitrust law and in the broader …
Persistent link: https://www.econbiz.de/10014222869
This article starts with the cautionary note that an alternative approach for international cooperation in competition law and policy is needed. After the Doha Trade Talk, negotiations about this issue reached a deadlock, so there is no longer any prospect of the WTO assuming this responsibility...
Persistent link: https://www.econbiz.de/10014197869
surrounding antitrust proceedings revive the academic discussion about the monopoly power of sport-internal governing bodies (like …
Persistent link: https://www.econbiz.de/10013367751
We find that stricter merger control legislation increases abnormal announcement returns of targets in bank mergers by 7 percentage points. Analyzing potential explanations for this result, we document an increase in the pre-merger profitability of targets, a decrease in the size of acquirers...
Persistent link: https://www.econbiz.de/10011518760
antitrust lawsuit that charged Bell with having foreclosed the market for telecommunications equipment. The decree forced Bell …
Persistent link: https://www.econbiz.de/10011610914
market competition and regulation in addressing these concerns. Traditional (ex-post) antitrust intervention will be less … effective in markets driven by network effects unless it is combined with a proper (ex-ante) regulatory framework. Antitrust …
Persistent link: https://www.econbiz.de/10012405498
. The antitrust agency’s incentives to produce evidence on the efficiency of a merger proposal depend critically on its …
Persistent link: https://www.econbiz.de/10012438354
In this comprehensive review of ex-post merger studies price effects of horizontal transactions are evaluated. By combining and further analyzing the results of 52 retrospective studies on 82 mergers or merger-like transactions it can be shown that the industry alone is no strong indication for...
Persistent link: https://www.econbiz.de/10012652877
In this paper, we comment on the debate about guidelines for Art. 102 TFEU in the face of the challenges brought by digital ecosystems and abuse of dominance in related markets. We take the perspective of dynamic competition economics and derive four recommendations for the future enforcement of...
Persistent link: https://www.econbiz.de/10014512364
We evaluate the impact of the Washington State Attorney General's enforcement campaign against employee no-poaching clauses in franchising contracts, which unfolded from 2018 through early 2020. Implementing a staggered difference-in-differences research design using Burning Glass Technologies...
Persistent link: https://www.econbiz.de/10014317885