Corporate & Securities Law

Price competition with consumer confusion

Posted on June 23, 2010
Posted by D. Daniel Sokol Ioana Chioveanu (UCL - Econ) and Jidong Zhou (UCL - Econ) explore Price competition with consumer confusion. ABSTRACT: This paper proposes a model in which identical sellers of a homogenous product compete in both prices...

Europe?s Reform of the Regulatory Framework of Motor Vehicle Distribution

Posted on June 23, 2010
Posted by D. Daniel Sokol Gregory Pelecanos (Ballas, Pelecanos & Associates) discusses Europe?s Reform of the Regulatory Framework of Motor Vehicle Distribution. ABSTRACT: On May 27, 2010 the Commission adopted Regulation (EU) No. 461/2010 "on the application of Article 101...

Competitive Effects of Mass Customization

Posted on June 23, 2010
Posted by D. Daniel Sokol Oksana Loginova (Department of Economics, University of Missouri-Columbia) describes Competitive Effects of Mass Customization. ABSTRACT: Earlier theoretical literature on mass customization maintains that customization reduces product differentiation and intensifies price competition...

First case report by the Competition Commission of Mauritius - volume-related discounts for Kraft Cheese

Posted on June 23, 2010
Posted by D. Daniel Sokol Today the Competition Commission of Mauritius published its first case report, regarding volume-related discounts for Kraft Cheese. The non-confidential version of the full report is available here: http://www.gov.mu/portal/sites/ccm/pdf/Final%20Report%20-CCM-INV-001%20%20Kraft%20and%20General%20Rebates...

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Vertical Restraints: New BER and Guidelines Adopted

Posted on June 23, 2010
Posted by D. Daniel Sokol Stephan Simon (DG Comp) explains Vertical Restraints: New BER and Guidelines Adopted. ABSTRACT: The new antitrust framework for vertical agreements applies a double market share threshold (one to buyers, one to sellers) and provides improved...

New Chambers USA Rankings Are Out - Massachusetts Antitrust Elite Edition

Posted on June 23, 2010
Posted by D. Daniel Sokol Antitrust: Massachusetts Band 1 Cary Armistead(Ropes & Gray LLP) Robert Buchanan Jr(Choate Hall & Stewart LLP) James Burling(WilmerHale) Daniel L Goldberg(Bingham McCutchen LLP) Michelle Miller(WilmerHale) Thane D Scott(Bingham McCutchen LLP) Band 2 William N Berkowitz(Bingham...

American Needle and the Boundaries of the Firm in Antitrust Law

Posted on June 23, 2010
Posted by D. Daniel Sokol Herb Hovenkamp (Iowa Law) provides some analysis on the recent Supreme Court decision in American Needle and the Boundaries of the Firm in Antitrust Law. ABSTRACT: In American Needle the Supreme Court unanimously held that...

Most Downloaded Antitrust Law Professors of the Year - Midyear 2010 Report

Posted on June 23, 2010
Posted by D. Daniel Sokol The list below is that of the most downloaded antitrust law professors of the past year, as measured by new downloads within the past year on SSRN. The rule for inclusion - you are actively...

Competition and Innovation: Pushing Productivity Up or Down?

Posted on June 22, 2010
Posted by D. Daniel Sokol Erik Brouwer, Tilburg Law and Economics Center (TILEC) and Henry van der Wiel ask Competition and Innovation: Pushing Productivity Up or Down? ABSTRACT: This paper examines the relationship between competition, innovation and productivity for the...

Resale Price Maintenance in the Post-Leegin World: A Comparative Look at Recent Developments in the United States and European Union

Posted on June 22, 2010
Posted by D. Daniel Sokol Andrew Gavil (Howard University School of Law) offers Resale Price Maintenance in the Post-Leegin World: A Comparative Look at Recent Developments in the United States and European Union. ABSTRACT: The conventional wisdom today holds that...

A More Efficient Use of Efficiencies in Merger Authorisation Determinations

Posted on June 22, 2010
Posted by D. Daniel Sokol Arlen Duke, University of Melbourne - Law School writes on A More Efficient Use of Efficiencies in Merger Authorisation Determinations. ABSTRACT: This article considers the varying treatment of merger-related efficiencies in overseas jurisdictions and in...

Antitrust Enforcement Under Endogenous Fines and Price-Dependent Detection Probabilities

Posted on June 22, 2010
Posted by D. Daniel Sokol Harold Houba, VU University Amsterdam - Department of Econometrics, Tinbergen Institute, Evgenia Motchenkova, VU University Amsterdam - Department of Economics, TILEC, and Quan Wen, Vanderbilt University - College of Arts and Science - Department of...

European State Aid and Merger Control in the Financial Crisis?From Negative to Positive Integration

Posted on June 22, 2010
Posted by D. Daniel Sokol Carl Baudenbacher (University of St. Gallen - Law) and Frank Bremer (University of St. Gallen - Law) have written on European State Aid and Merger Control in the Financial Crisis?From Negative to Positive Integration. ABSTRACT:...

Department of Justice and USDA Announce Agenda for June 25 Dairy Workshop

Posted on June 22, 2010
Posted by D. Daniel Sokol From the DOJ Press release: DEPARTMENT OF JUSTICE AND USDA ANNOUNCE AGENDA FOR JUNE 25 DAIRY WORKSHOP Workshop to be Held at University of Wisconsin - Madison WASHINGTON ? The Department of Justice and the...

New Chambers USA Rankings Are Out - Illinois Antitrust Elite Edition

Posted on June 22, 2010
Posted by D. Daniel Sokol Antitrust: Illinois Senior Statesmen Lee N Abrams(Mayer Brown) Alan H Silberman(Sonnenschein Nath & Rosenthal LLP) Band 1 Joel Chefitz(McDermott Will & Emery LLP) Nathan P Eimer(Eimer Stahl Klevorn & Solberg LLP) Lee Freeman Jr(Jenner &...

The Microsoft Browser case: Why the Commission's decision fails to convince

Posted on June 22, 2010
Posted by D. Daniel Sokol Jeremy Robinson (Bird & Bird) explains The Microsoft Browser case: Why the Commission's decision fails to convince. ABSTRACT: The Commission closed the Browsers case with commitments and achieved case victory without a properly-reasoned analysis of...

The FTC is a refereee in our economy, not a star player

Posted on June 22, 2010
Posted by D. Daniel Sokol Tim Muris (George Mason Law) notes in testimony, "The FTC is a refereee in our economy, not a star player." See his testimony before the Senate Commerce Committee, on March 17, 2010, regarding "Financial Services...

Recapture, Pass-Through, and Market Definition

Posted on June 21, 2010
Posted by D. Daniel Sokol Joseph Farrell, University of California, Berkeley - Department of Economics and Carl Shapiro, University of California, Berkeley - Economic Analysis & Policy Group have an important new paper on Recapture, Pass-Through, and Market Definition...

New Chambers USA Rankings Are Out - Georgia Antitrust Elite Edition

Posted on June 21, 2010
Posted by D. Daniel Sokol Antitrust: Georgia Senior Statesmen Emmet J Bondurant(Bondurant, Mixson & Elmore, LLP) Band 1 Jeffrey Cashdan(King & Spalding LLP) H Stephen Harris Jr(Jones Day) Charles C Murphy Jr(Vaughan & Murphy) Band 2 Randall L Allen(Alston &...

An Institutional Analysis of the Enforcement Problems in Merger Control

Posted on June 21, 2010
Posted by D. Daniel Sokol Oliver Budzinski, University of Southern Denmark - Department of Environmental and Business Economics provides An Institutional Analysis of the Enforcement Problems in Merger Control. ABSTRACT: The literature identifies a significant drop in merger control enforcement...

The Predictability of Global Cartel Fines

Posted on June 21, 2010
Posted by D. Daniel Sokol Douglas J. Miller, University of Missouri at Columbia - Department of Economics and John M. Connor, Purdue University discuss The Predictability of Global Cartel Fines. ABSTRACT: Legal opinion is divided on whether predicable sentences are...

Resale Price Maintenance Under the New Guidelines: A Critique and A Suggestion

Posted on June 21, 2010
Posted by D. Daniel Sokol Yves Botteman & Kees Jan Kuilwijk (Steptoe & Johnson) discuss Resale Price Maintenance Under the New Guidelines: A Critique and A Suggestion. ABSTRACT: During its recent revision of rules regarding vertical agreements, which culminated in...

The Role of Economic Analysis in Competition Law

Posted on June 21, 2010
Posted by D. Daniel Sokol Douglas H. Ginsburg, U.S. Court of Appeals for the District of Columbia and Eric M. Fraser, University of Chicago - Law School, University of Chicago - Booth School of Business explain The Role of Economic...

Loyola Institute for Consumer Antitrust Studies: Programs and Publications

Posted on June 21, 2010
Posted by Spencer Waller Programs and scholarly publications are at the heart of the Institute?s mission since its creation in 1994. In the first five years, the Institute hosted major conferences on Antitrust and Health Care as well as Antitrust...

Behavioral Economics: Observations Regarding Issues That Lie Ahead

Posted on June 20, 2010
Posted by D. Daniel Sokol Tom Rosch (FTC) had an interesting speech on Behavioral Economics: Observations Regarding Issues That Lie Ahead that is now available online.

Brussels School of Competition to Offer Master (LL.M.) in Competition Law and Economics

Posted on June 20, 2010
Posted by D. Daniel Sokol The Brussels School of Competition ("BSC") has been set up. The BSC is organised under the aegis of the Federation of Enterprises in Belgium ("FEB"). Its primary purpose is to provide a high-profile, specialised course...

Health Insurance Oversight in the Post-Reform World

Posted on June 20, 2010
Posted by D. Daniel Sokol Please join the Center for American Progress for a special presentation: Health Insurance Oversight in the Post-Reform World June 25, 2010, 12:00pm ? 1:30pm Admission is free. RSVP to attend this event Featured Speakers: Steve...

We need a New Ag/DOJ Hearing on Competition in Agriculture

Posted on June 19, 2010
Posted by D. Daniel Sokol How about a hearing that focuses on anti-competitive government regulation and steps to take to reduce such regulations? See this proposed rule from Friday as an example. Price increases would end up being passed onto...

Competition Issues in Restructuring Ports and Railways, Including Brief Consideration of these Sectors in India

Posted on June 19, 2010
Posted by D. Daniel Sokol Russell Pittman (Director of Economic Research, Antitrust Division, U.S. Department of Justice) explores Competition Issues in Restructuring Ports and Railways, Including Brief Consideration of these Sectors in India. ABSTRACT: One important issue facing reformers considering...

Unilateral Effects for Differentiated Products: Theory, Assumptions, and Research

Posted on June 18, 2010
Posted by D. Daniel Sokol David Scheffman (Conerstone Research) and Joseph Simons (Paul Weiss) have written an interesting article on Unilateral Effects for Differentiated Products: Theory, Assumptions, and Research. ABSTRACT: Oocus of the potential revision of the Department of Justice...

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