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As is well known among financial economists but not previously recognized within the antitrust community, large and … overlapping financial investor ownership under the antitrust laws than Elhauge recognizes …
Persistent link: https://www.econbiz.de/10012996922
The antitrust laws are increasingly used to prosecute alleged acts of market manipulation, particularly against firms …, but antitrust remains a vehicle on which private claims are based. If anti-manipulation enforcement wanes (or its legal … foundation is eroded) with political change, private antitrust actions might fill the void — if such claims are substitutable. As …
Persistent link: https://www.econbiz.de/10012964287
For years those teaching and writing about antitrust law have stressed three basic goals - consumer surplus, allocative …. The Essay discusses this and other problems inherent in the goals set out for antitrust law …
Persistent link: https://www.econbiz.de/10012965073
keeping in mind history and context, and general antitrust principles, apply equally to SEPs and PAEs as to other economic …
Persistent link: https://www.econbiz.de/10012948931
the equivalent effect to collusion on prices. This paper also provides an analysis of the effect of different antitrust …
Persistent link: https://www.econbiz.de/10012952909
This paper finds evidence of an inverse U shape in the number of cartels detected by a Competition Agency (CA) over its lifetime. We interpret this as evidence that, as the CA builds up experience in enforcement, this feeds back into the business community to deter future cartel formation. We...
Persistent link: https://www.econbiz.de/10012953394
Persistent link: https://www.econbiz.de/10013030111
Friedrich Hayek is one the most influential economists of his time. Yet, Hayek's influence on antitrust judges and … antitrust agencies is quite low compared to the one other economists have. This should change. The very rapid growth of high …, dynamic efficiencies are not fully considered in most antitrust analyses. Based on Hayek's work, the essay proposes some …
Persistent link: https://www.econbiz.de/10013030596
degree to which US antitrust policy and case law is consistent with these emerging realities …
Persistent link: https://www.econbiz.de/10013038289
Platforms, or two-sided markets, have become a topic of significant discussion in competition law over the past decade, culminating in the recent US Supreme Court decision in Ohio v. American Express Co. This note discusses externalities in platforms. Indirect network effects, one type of...
Persistent link: https://www.econbiz.de/10012892742