Tying, Foreclosure, and Exclusion

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Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Tying, Foreclosure, and Exclusion by : Michael Dennis Whinston

Download or read book Tying, Foreclosure, and Exclusion written by Michael Dennis Whinston and published by . This book was released on 1989 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tied sales have a long history of scrutiny under the antitrust laws of the United States. The primary basis for the condemnation of this practice has been the court's belief in what has come to be known as the "leverage theory" of tying: that is, that tying provides a mechanism whereby a firm with monopoly power in one market can use the leverage provided by this power to foreclose sales in, and thereby monopolize, a second market. In recent years, however, the leverage theory has come under heavy attack. In this paper, I reconsider the leverage hypothesis. I argue that, in an important sense, the models used by the critics of the leverage theory which all assume that the tied good market has a competitive, constant returns-to-scale structure- are incapable of addressing the central concern of the leverage theory, that tying can be profitably used to change the market structure of the tied good market. I then demonstrate that when the tied good market has an oligopolistic structure, tying can indeed serve as a mechanism for leveraging market power through the foreclosure of tied market rivals sales. The mechanism through which this foreclosure occurs, its profitability for the monopolist, and its welfare implications are discussed in detail

Antitrust Economics

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Publisher :
ISBN 13 :
Total Pages : 504 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Antitrust Economics by : Roger D. Blair

Download or read book Antitrust Economics written by Roger D. Blair and published by . This book was released on 2009 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a thorough treatment of the economic theory that guides and motivates the design and enforcement of American antitrust laws. Along with a comprehensive analysis of both horizontal and vertical antitrust issues, economic theory is used to evaluate antitrust policy through theexamination of relevant legislation and landmark cases. Theory is discussed through its relation to policy issues, and in turn, the role of theory in the development of new policy is examined.

Exclusionary Practices

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Publisher : Cambridge University Press
ISBN 13 : 1108546803
Total Pages : 651 pages
Book Rating : 4.1/5 (85 download)

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Book Synopsis Exclusionary Practices by : Chiara Fumagalli

Download or read book Exclusionary Practices written by Chiara Fumagalli and published by Cambridge University Press. This book was released on 2018-01-11 with total page 651 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most controversial area in competition policy is that of exclusionary practices, where actions are taken by dominant firms to deter competitors from challenging their market positions. Economists have been struggling to explain such conduct and to guide policy-makers in designing sensible enforcement rules. In this book, authors Chiara Fumagalli, Massimo Motta, and Claudio Calcagno explore predatory pricing, rebates, exclusive dealing, tying, and vertical foreclosure, through a blend of theory and practice. They develop a general framework which builds on and extends existing economic theories, drawing upon case law, discussions of cases and other practical considerations to identify workable criteria that can guide competition authorities to assess exclusionary practices. Along with analyses of policy implications and insights applied to case studies, the book provides practitioners with non-technical discussions of the issues at hand, while guiding economics students with dedicated technical sections with rigorous formal models.

The Economic Assessment of Mergers Under European Competition Law

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Publisher : Cambridge University Press
ISBN 13 : 1107007720
Total Pages : 559 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis The Economic Assessment of Mergers Under European Competition Law by : Daniel Gore

Download or read book The Economic Assessment of Mergers Under European Competition Law written by Daniel Gore and published by Cambridge University Press. This book was released on 2013-04-25 with total page 559 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a clear, concise and practical overview of the key economic techniques and evidence employed in European merger control.

Antitrust Law and Economics

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Publisher : Edward Elgar Publishing
ISBN 13 : 1849805288
Total Pages : 311 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis Antitrust Law and Economics by : Keith N. Hylton

Download or read book Antitrust Law and Economics written by Keith N. Hylton and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this outstanding new book Professor Keith Hylton and his collaborators examine what antitrust law has become over the past ten years, a time in which economic analysis has become its undisputed core. What has become of the old antitrust doctrine, what are the new issues for the immediate future? This book brings together the leading experts to examine this silent revolution at the core of US domestic policy. Mark Grady, UCLA School of Law, US Hylton s Antitrust Law and Economics brings together many of the best authors writing in antitrust today. Their essays range widely, covering proof of agreement under the Sherman Act, group boycotts, monopolization and essential facilities, tying and other vertical restraints, and merger policy. The writing is clear, accessible but still technically sophisticated and comprehensive. This book represents the best in contemporary antitrust scholarship, by authors who understand and are able to communicate the centrality of economic analysis to antitrust. No antitrust lawyer, serious antitrust student, or antitrust economist should be without this book. Herbert Hovenkamp, University of Iowa College of Law, US This comprehensive book provides an extensive overview of the major topics of antitrust law from an economic perspective. Its in-depth treatment and analysis of both the law and economics of antitrust is presented via a collection of interconnected original essays. The contributing authors are among the most influential scholars in antitrust, with a rich diversity of backgrounds. Their entries cover, amongst other issues, predatory pricing, essential facilities, tying, vertical restraints, enforcement, mergers, market power, monopolization standards, and facilitating practices. This well-organized and substantial work will be invaluable to professors of American antitrust law and European competition law, as well as students specializing in competition law. It will also be an important reference for professors and graduate students of economics and business.

Law and Economics of Article 102 TFEU

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Publisher : Bloomsbury Publishing
ISBN 13 : 1509942971
Total Pages : 1368 pages
Book Rating : 4.5/5 (99 download)

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Book Synopsis Law and Economics of Article 102 TFEU by : Robert O'Donoghue QC

Download or read book Law and Economics of Article 102 TFEU written by Robert O'Donoghue QC and published by Bloomsbury Publishing. This book was released on 2020-09-03 with total page 1368 pages. Available in PDF, EPUB and Kindle. Book excerpt: “a reference book in this area of EU competition law and a must-have companion for academics, enforcers and practitioners alike, as well as EU and national judges.” Judge Nils Wahl, Court of Justice of the European Union This seminal text offers an authoritative and integrated treatment of the legal and economic principles that underpin the application of Article 102 TFEU to the behaviour of dominant firms. Traditional concerns of monopoly behaviour, such as predatory pricing, refusals to deal, excessive pricing, tying and bundling, discount practices and unlawful discrimination are treated in detail through a review of the applicable economic principles, the case law and decisional practice and more recent economic and legal writings. In addition, the major constituent elements of Article 102 TFEU, such as market definition, dominance, effect on trade and applicable remedies are considered at length. The third edition involves a net addition of over 250 pages, with a substantial new chapter on Abuses In Digital Platforms, an extensively revised chapter on standards, and virtually all chapters incorporating substantial revisions reflecting key cases such as Intel, MEO, Google Android, Google Shopping, AdSense, Qualcomm.

Research Handbook on Abuse of Dominance and Monopolization

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Publisher : Edward Elgar Publishing
ISBN 13 : 183910872X
Total Pages : 483 pages
Book Rating : 4.8/5 (391 download)

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Book Synopsis Research Handbook on Abuse of Dominance and Monopolization by : Pınar Akman

Download or read book Research Handbook on Abuse of Dominance and Monopolization written by Pınar Akman and published by Edward Elgar Publishing. This book was released on 2023-01-20 with total page 483 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Research Handbook offers a comprehensive and state-of-the-art collection on the competition law (antitrust) prohibition of abuse of a dominant position and monopolization. It draws from the long and influential traditions of leading jurisdictions such as the European Union and the United States to analyse applicable rules and policy in these jurisdictions. It also takes a comparative approach to identify common threads and differences.

The Law and Economics of Article 102 TFEU

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Publisher : A&C Black
ISBN 13 : 1782251413
Total Pages : 1168 pages
Book Rating : 4.7/5 (822 download)

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Book Synopsis The Law and Economics of Article 102 TFEU by : Robert O'Donoghue QC

Download or read book The Law and Economics of Article 102 TFEU written by Robert O'Donoghue QC and published by A&C Black. This book was released on 2014-07-18 with total page 1168 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Law and Economics of Article 102 TFEU is a comprehensive, integrated treatment of the legal and economic principles that underpin the application of Article 102 TFEU to the behaviour of dominant firms. Traditional concerns of monopoly behaviour, such as predatory pricing, refusals to deal, excessive pricing, tying and bundling, discount practices and unlawful discrimination are treated in detail through a review of the applicable economic principles, the case law and decisional practice and more recent economic and legal writings. In addition, the major constituent elements of Article 102 TFEU, such as market definition, dominance, effect on trade and applicable remedies are considered at length. Jointly authored by a lawyer and an economist, The Law and Economics of Article 102 TFEU contains an integrated approach to the legal and economic principles that frame policy in this major area of competition law. Although written primarily with practitioners and in-house lawyers in mind, it is essential reading for anyone with an interest in competition law enforcement against monopoly behaviour.

Multi-Market Antitrust Economics

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Publisher : Springer
ISBN 13 : 3319693867
Total Pages : 151 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Multi-Market Antitrust Economics by : Scott Gilbert

Download or read book Multi-Market Antitrust Economics written by Scott Gilbert and published by Springer. This book was released on 2017-12-01 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: Antitrust economics is a field that draws extensively on the economic theory of industrial organization, and the field's frontier is at the cutting edge of economic research. This book bridges the gap between introductory texts and advanced research volumes by presenting select themes in antitrust economics and modeling. All from a neoclassical perspective, the author begins by discussing classic monopoly, continues to add more markets to the mix—via spillover effects and horizontal/vertical mergers—and then explores logical ties to international trade and regulated industries. While brief and selective, the method provides a basic analytical reference point for approaching special antitrust topics not covered here, such as tying, bundling, and exclusive dealing. Such analytics are sometimes likened to a rational defense of monopoly and related anti-competitive behavior, but are essential to explicating antitrust economics from a mainstream Western economic vantage.

Intellectual Property and Antitrust

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Publisher : Edward Elgar Publishing
ISBN 13 : 1849809631
Total Pages : 289 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis Intellectual Property and Antitrust by : Mariateresa Maggiolino

Download or read book Intellectual Property and Antitrust written by Mariateresa Maggiolino and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings to bear Professor Maggiolino?s considerable skills as a comparative competition law scholar on what is perhaps the single most important competition policy issue facing us today - namely, how to use IP policy and competition policy in tandem to further both economic competition and competition in innovation. Professor Maggiolino?s book covers a large range of IP practices by dominant firms where competition law can be invoked, including "sham" litigation and product design, improper infringement actions, predation, and refusals to license. This book is well researched, well written, and completely up to date. Every serious competition law/antitrust and intellectual property scholar and practitioner should regard it as "must" reading.

The Foundations of European Union Competition Law

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Publisher : Oxford University Press
ISBN 13 : 0199226156
Total Pages : 486 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis The Foundations of European Union Competition Law by : Renato Nazzini

Download or read book The Foundations of European Union Competition Law written by Renato Nazzini and published by Oxford University Press. This book was released on 2011-12 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: Article 102 TFEU prohibits the abuse of a dominant position as incompatible with the common market. Here the difficulties of assessing abuse in terms of Article 82 in light of the objectives of EU competition law are addressed to establish a robust and workable analytical framework for abuse of dominance.

Article 82 EC

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Publisher : Bloomsbury Publishing
ISBN 13 : 1847315402
Total Pages : 232 pages
Book Rating : 4.8/5 (473 download)

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Book Synopsis Article 82 EC by : Ariel Ezrachi

Download or read book Article 82 EC written by Ariel Ezrachi and published by Bloomsbury Publishing. This book was released on 2009-10-28 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The landscape of European competition law has seen significant changes in the past decade, both in terms of enforcement and substantive application. One of the last frontiers to be subjected to scrutiny has been Article 82. In recent years the European Commission has pushed forward the debate on the nature and scope of Article 82. Of major significance to this debate were the Commission's Consultation Paper on an economic approach to Article 82, the Discussion Paper on the application of Article 82 to exclusionary abuses, and the Commission's recent Guidance on its enforcement priorities in applying Article 82. The debate over the realm of Article 82 EC has raised important questions as to its past and present application. This collection of essays by international experts explores the changing boundaries of Article 82 EC and considers its recent evolution. The chapters cover a range of subjects, including the legal and economic implications of an effects-based approach to Article 82 EC, the recent Commission Guidance on Article 82 EC, the interface between intellectual property rights and competition law, licensing, tying, excessive pricing, and the protection of the consumer interest.

Structure and Effects in EU Competition Law

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Publisher : Kluwer Law International B.V.
ISBN 13 : 9041131744
Total Pages : 370 pages
Book Rating : 4.0/5 (411 download)

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Book Synopsis Structure and Effects in EU Competition Law by : Basedow

Download or read book Structure and Effects in EU Competition Law written by Basedow and published by Kluwer Law International B.V.. This book was released on 2011-01-01 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last decade the European Commission has progressively adopted what is called a and‘more economic approachand’ toward competition policy. This approach, which draws on U.S. antitrust policy, puts greater emphasis on possible welfare effects of business practices and is less concerned with competitive market structures. Under this school of thought concentration cannot be said to impede effective competition to the extent that efficiency gains outweigh market distortions. In order to stimulate the debate on this basic reorientation, in January 2009 the Max Planck Institute for Comparative and International Private Law at Hamburg convened economists, legal scholars, and practitioners for an exchange of views on these and‘newand’ methodological foundations of EU competition policy and competition law. Two especially controversial elements were chosen for in-depth discussion: the prohibition of abuses of dominant positions and the review of State aid. This book reproduces fourteen papers from this conference, representing the considered views of prominent European lawyers, economists, academics, policymakers, and enforcement officials in the competition field on matters such as: the objectives of EU competition law; the current enforcement guidelines of the EU Commission regarding Article 102 TFEU and? measuring market power; abusive low pricing strategies; the economics of competition law enforcemennt; recent developments in EU State aid law; economic justifications for State aid. A critical assessment of the Commissionand’s State aid action plan by the German Monopolies Commission is appended in English. Applying law and economics theory to competition law, this book shows that the and‘more economicand’ approach is exerting a considerable impact on various sectors of competition law. The authors clearly demonstrate the progress that can be made when lawyers and economists take notice of and respect the characteristics of each otherand’s discipline. Moreover, the authors show how new insights of economic theory may be integrated into the relevant legal analysis. The book will therefore be appreciated by academics, practitioners, and officials representing both fields.

Competition Policy in the Global Economy

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Publisher : Routledge
ISBN 13 : 1134766408
Total Pages : 462 pages
Book Rating : 4.1/5 (347 download)

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Book Synopsis Competition Policy in the Global Economy by : William S. Comanor

Download or read book Competition Policy in the Global Economy written by William S. Comanor and published by Routledge. This book was released on 2005-10-26 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the complexities involved when international co-ordination and harmonization of competition law and policy are considered.

The Economic Regulation of Broadcasting Markets

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Publisher : Cambridge University Press
ISBN 13 : 1139464930
Total Pages : 338 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis The Economic Regulation of Broadcasting Markets by : Paul Seabright

Download or read book The Economic Regulation of Broadcasting Markets written by Paul Seabright and published by Cambridge University Press. This book was released on 2007-04-26 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: New technology is revolutionizing broadcasting markets. As the cost of bandwidth processing and delivery fall, information-intensive services that once bore little economic relationship to each other are now increasingly related as substitutes or complements. Television, newspapers, telecoms and the internet compete ever more fiercely for audience attention. At the same time, digital encoding makes it possible to charge prices for content that had previously been broadcast for free. This is creating new markets where none existed before. How should public policy respond? Will competition lead to better services, higher quality and more consumer choice - or to a proliferation of low-quality channels? Will it lead to dominance of the market by a few powerful media conglomerates? Using the insights of modern microeconomics, this book provides a state-of-the-art analysis of these and other issues by investigating the power of regulation to shape and control broadcasting markets.

Antitrust Law Journal

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Publisher :
ISBN 13 :
Total Pages : 1244 pages
Book Rating : 4.:/5 (51 download)

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Book Synopsis Antitrust Law Journal by :

Download or read book Antitrust Law Journal written by and published by . This book was released on 1986 with total page 1244 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Net Neutrality or Net Neutering: Should Broadband Internet Services Be Regulated

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Publisher : Springer Science & Business Media
ISBN 13 : 0387339280
Total Pages : 234 pages
Book Rating : 4.3/5 (873 download)

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Book Synopsis Net Neutrality or Net Neutering: Should Broadband Internet Services Be Regulated by : Thomas M. Lenard

Download or read book Net Neutrality or Net Neutering: Should Broadband Internet Services Be Regulated written by Thomas M. Lenard and published by Springer Science & Business Media. This book was released on 2006-09-13 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: The subject of this book – whether or not to extend traditional telecommunications regulation to high-speed, or broadband, access to the Internet – is perhaps the most important issue facing the Federal Communications Commission. The issue is contentious, with academics and influential economic interests on both sides. This volume offers updated papers originally presented at a June 2003 conference held by the Progress and Freedom Foundation. The authors are top researchers in telecommunications.