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Corporate & Securities Law

AntitrustProf Blog

Antitrust law resources, information, and news for the academic community.

Post Frequency: 46/day

Last Entry: April 01, 2011 at 12:45:00

More Firms, More Competition: Is it Certain? The Case of the Fourth Operator in France's Mobile Telephony

Posted on April 16, 2009
Posted by D. Daniel Sokol Louis de Mesnard, University of Burgundy asks, More Firms, More Competition: Is it Certain? The Case of the Fourth Operator in France's Mobile Telephony. ABSTRACT: The French government plans to authorize a fourth operator to...

Beef Up Your Competitor: A Model of Advertising Cooperation Between Internet Search Engines

Posted on April 16, 2009
Posted by D. Daniel Sokol Geza Sapi (DIW Berlin - Economics) and Irina Suleymanova (DIW Berlin - Economics) write on Beef Up Your Competitor: A Model of Advertising Cooperation Between Internet Search Engines. ABSTRACT: We propose a duopoly model of....

Entry Barriers, Competition, and Technology Adoption

Posted on April 16, 2009
Posted by D. Daniel Sokol Lei Fang (Federal Reserve Bank of Atlanta) discusses Entry Barriers, Competition, and Technology Adoption. ABSTRACT: There are large differences in income per capita across countries. Growth accounting finds that a large part of the differences...

Competition in the Financial Sector: Overview of Competition Policies

Posted on April 16, 2009
Posted by D. Daniel Sokol Stijn Claessens (IMF) describes Competition in the Financial Sector: Overview of Competition Policies. ABSTRACT: Competition in the financial sector, as in other sectors, matters for allocative, productive, and dynamic efficiency...

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Justice Department Requests Extension of Microsoft Final Judgment

Posted on April 16, 2009
Posted by D. Daniel Sokol DOJ has announced that it has extended the Microsoft Final Judgment by at least 18 months.

Diminishing Enforcement: Negative Effects for Deterrence of Mistaken Settlements and Misguided Competition Promotion and Advocacy

Posted on April 15, 2009
Posted by D. Daniel Sokol Francisco Marcos of Instituto de Empresa Business School (and a judge of the Tribunal de Defensa de la Competencia de la Comunidad de Madrid) discusses Diminishing Enforcement: Negative Effects for Deterrence of Mistaken Settlements and...

Detection of Anticompetitive Horizontal Mergers

Posted on April 15, 2009
Posted by D. Daniel Sokol Kai H�schelrath (Centre for European Economic Research (ZEW)), has developed a method of Detection of Anticompetitive Horizontal Mergers. ABSTRACT: The paper develops a four-step framework to detect anticompetitive horizontal mergers...

Maintaining Tacit Collusion in Repeated Ascending Auctions

Posted on April 15, 2009
Posted by D. Daniel Sokol Owen R. Phillips (University of Wyoming - Economics) and Dale J. Menkhaus (University of Wyoming) provide us with the conditions of Maintaining Tacit Collusion in Repeated Ascending Auctions. ABSTRACT: In a repeated two?stage game, identical...

Competition, Monopoly, and Aftermarkets

Posted on April 15, 2009
Posted by D. Daniel Sokol Dennis W. Carlton (University of Chicago - Graduate School of Business) and Michael Waldman (Cornell - Johnson School of Business) address Competition, Monopoly, and Aftermarkets. ABSTRACT: Consider a durable goods producer that has the option...

The Concept of an 'Undertaking': The Boundaries of the Corporation - A Discussion of Agency, Employees and Subsidiaries

Posted on April 14, 2009
Posted by D. Daniel Sokol Christopher Townley (King's College, London - Law) offers his analysis on The Concept of an 'Undertaking': The Boundaries of the Corporation - A Discussion of Agency, Employees and Subsidiaries. ABSTRACT: A paper discussing the limits...

?I?m not sure there?s going to be a dramatic change in the FTC?s agenda going forward.?

Posted on April 14, 2009
Posted by D. Daniel Sokol In an interview with the Wall Street Journal, Richard Feinstein, the new incoming head of the Bureau of Competition at the FTC had some nice quotes: ?I?m not sure there?s going to be a dramatic...

The Neal Report and the Crisis in Antitrust

Posted on April 14, 2009
Posted by D. Daniel Sokol The ever prolific Herb Hovenkamp, University of Iowa College of Law, addresses The Neal Report and the Crisis in Antitrust. ABSTRACT: The Neal Report, which was commissioned by Lyndon Johnson and published in 1967, is...

Antitrust Summary Judgment and the Quick Look Approach

Posted on April 14, 2009
Posted by D. Daniel Sokol Edward Brunet (Lewis & Clark Law), writes on Antitrust Summary Judgment and the Quick Look Approach. ABSTRACT: Three methodological short cuts potentially streamline antitrust litigation. The availability of the per se approach provides a time...

FTC Management Team Annouced

Posted on April 14, 2009
Posted by D. Daniel Sokol An announcement from Lebowitz today provides details of his management team: Rich Feinstein, Director of the Bureau of Competition. Rich currently practices at Boies, Schiller. Some years back, he headed the health care shop under...

Competition Policy Issues in the Consumer Payments Industry

Posted on April 14, 2009
Posted by D. Daniel Sokol Nicholas Economides (NYU - Stern School of Business) provides an interesting take on Competition Policy Issues in the Consumer Payments Industry. ABSTRACT: We discuss the current structure of card networks that facilitate transactions between merchants...

Commssion's Guidance on Article 82 - May 11 Brussels

Posted on April 13, 2009
Posted by D. Daniel Sokol On 3 December 2008, the Commission released a long awaited ?Guidance Notice on its enforcement priorities in applying Article 82 of the EC Treaty to exclusionary abuses conduct by dominant undertakings?. This document, which has...

Screening for Conspiracies: Applications for Litigation, Pre-Litigation, Regulation and Internal Monitoring

Posted on April 13, 2009
Posted by D. Daniel Sokol Rosa M. Abrantes-Metz, LECG, and Patrick Bajari, U. Minnesota- Economics have an interesting paper on Screening for Conspiracies: Applications for Litigation, Pre-Litigation, Regulation and Internal Monitoring. ABSTRACT: A screen is a statistical test designed to...

Essays on Consumer Welfare and Competition Policy

Posted on April 13, 2009
Posted by D. Daniel Sokol Greg Werden of DOJ-Antitrust has written some Essays on Consumer Welfare and Competition Policy. ABSTRACT: The discourse on competition policy often uses the term "consumer welfare" but rarely is clear about its meaning or role...

Complex Bundled Discounts and Antitrust Policy

Posted on April 13, 2009
Posted by D. Daniel Sokol Herb Hovenkamp of the University of Iowa Law School and Erik N. Hovenkamp, University of Iowa - Department of Economics, B.S. Candidate 2009 (Herb's son?) have written an article on Complex Bundled Discounts and Antitrust...

From Formalism to Effects? ? The Commission?s Guidance on Article 82 EC

Posted on April 11, 2009
Posted by D. Daniel Sokol Nicolas Petit, University of Liege Law (and Howrey) discusses From Formalism to Effects? ? The Commission?s Guidance on Article 82 EC in his latest working paper. ABSTRACT: Recently, the Commission has sought to stray away...

The Economic Benefits of Credit Card Merchant Restraints: A Response to Adam Levitin

Posted on April 10, 2009
Posted by D. Daniel Sokol Steven Semeraro, Thomas Jefferson School of Law, offers The Economic Benefits of Credit Card Merchant Restraints: A Response to Adam Levitin. ABSTRACT: Adam Levitin's article, "Priceless?: The Economic Costs of Credit Card Merchant Restraints," 55...

Competition Authorities' Roundtable: The Reform of Competition Authorities and the 'Modernization' of Antitrust

Posted on April 10, 2009
Posted by D. Daniel Sokol University College London's (UCL) Centre for Law and Governance in Europe and Centre for Law and Economics (Regulation and Public Policy Section) are pleased to invite you to a COMPETITION AUTHORITIES? ROUNDTABLE: THE REFORM OF...

Sunny Samaritans and Egomaniacs: Price-Fixing in the Gamete Market

Posted on April 10, 2009
Posted by D. Daniel Sokol Kim Kraweic, UNC - Law discusses Sunny Samaritans and Egomaniacs: Price-Fixing in the Gamete Market in her latest article. ABSTRACT: This Article considers the market structure of the human egg (or "oocyte") donation business, particularly...

Sentencing Individuals In Antitrust Cases: The Proper Balance

Posted on April 09, 2009
Posted by D. Daniel Sokol Don Klawiter (Mayer Brown) and Jennifer Driscoll (Mayer Brown) engage in figuring out Sentencing Individuals In Antitrust Cases: The Proper Balance. ABSTRACT: Enforcement against cartels has been been the great success story of recent antitrust...

A Survey on the Economics of Behaviour-Based Price Discrimination

Posted on April 09, 2009
Posted by D. Daniel Sokol Rosa Branca Esteves (University of Minho, Portugal - Economics) provides A Survey on the Economics of Behaviour-Based Price Discrimination. ABSTRACT: Economists have long been interested in understanding the profit, consumer surplus and welfare effects of...

Free the Market

Posted on April 09, 2009
Posted by D. Daniel Sokol Plaintiff's lawyer Gary Reback has a new book out titled Free the Market. BOOK ABSTRACT: Antitrust rules affect just about every aspect of modern life, from the price of clothing to the availability of life-saving...

Shelanski From Berkeley to Georgetown

Posted on April 09, 2009
Posted by D. Daniel Sokol Howard Shelanski of Berkeley (Law), who heads the Berkeley Center for Law & Technology, has accepted a lateral offer at Georgetown University. He joins Bob Pitosfsky and Steve Salop. This is an important hire for...

Spatial Asymmetric Duopoly with an Application to Brussels' Airports

Posted on April 08, 2009
Posted by D. Daniel Sokol Fay Dunkerley (CES ? KU Leuven), Andre de Palma (Ecole Normale sup�rieure de Cachan and Ecole Polytechnique) and Stef Proost (CES ? KU Leuven) assess Spatial Asymmetric Duopoly with an Application to Brussels' Airports. ABSTRACT:...

Happy Passover

Posted on April 08, 2009
Posted by D. Daniel Sokol Tonight Jews around the world begin the observance of the holiday of Passover, the holiday that celebrates the Exodus from Egypt and the liberation of the Jewish people from slavery. Although Adam Sandler has not...

The Impact of Price Discrimination on Revenue: Evidence from the Concert Industry

Posted on April 08, 2009
Posted by D. Daniel Sokol Pascal Courty (Economics, European University Institute) and Mario Pagliero (Economics and Finance, University of Turin, and Collegio Carlo Alberto) provide evidence of The Impact of Price Discrimination on Revenue: Evidence from the Concert Industry...

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