In a world in which competition agencies would always rely on empirical evidence, I would be teaching the following to my students: when agencies investigate potential abuses of dominant positions, they are required to show (1) a dominant position, (2) an abuse and (3) a link (causation) between the alleged dominant position and the alleged abuse....Read More
Understanding zero-price markets has never been more important. With the FTC reportedly weighing whether to block Facebook’s plans to integrate its various apps, and various investigations underway across the globe, more scrutiny than ever is being paid to Silicon Valley giants. But what do we pay for these digital apps. One of my favorite things...Read More
Conferences are full of buzz words and gimmicks. In 2019, two of them are trending: “data is the new oil”, and… “you are paying with your data”. The first has been debunked by my friend Alec Stapp, see here. Let me now discuss the second one by asking you a few questions. Would you say that… you...Read More
Please find below the articles that I enjoyed during the month of November 2019. Mostly antitrust-related, but not limited to it. Learn about them on a more regular basis by following me on Twitter at @LeConcurrential. Antitrust: Populism, Fairness and Competition: Should We Care and What Could We Do? (Frédéric Jenny) Balancing Versus Structured Decision Procedures (Louis Kaplow) Blind[ing] Me With Science: Antitrust, Data,...Read More
Imagine a space in which the Rule of Law does not have the same prevalence it has in the real space. Imagine a space where fundamental rights are created and enforced by the technology, a space in which your rights are absolute, meaning that you enjoy no limits on them in exchange for not being...Read More
Please find below the articles that I enjoyed during the month of October 2019. Mostly antitrust-related, but not limited to it. Learn about them on a more regular basis by following me on Twitter at @LeConcurrential. Antitrust: Retooling Antitrust Law For Digital Markets (Thibault Schrepel) Promoting Sound Policies for the Next Decade (Christine S. Wilson) “Attention markets” and their consequences for antitrust...Read More
I am delighted to announce that registrations for the conference co-organized by the University of Utrecht School of Law and the International Center for Law & Economics (ICLE) are now open. This conference entitled Dynamic Competition and Online Platforms: Evaluating Recent Government Reports will be held in Paris on December 4 and will have for focus to examine the merits and drawbacks of the spate...Read More
I was recently invited by Concurrences (thank you!) at the French Parliament to assess the need to retool antitrust law for digital issues. We had a very nice exchange among the panel that I would like to thank for opening up many new avenues of research. I also very much enjoyed the format – a real discussion...Read More
Please find below the articles that I enjoyed during the month of September 2019. Mostly antitrust-related, but not limited to it. Learn about them on a more regular basis by following me on Twitter at @LeConcurrential. Antitrust: A conversation about antitrust law with Nobel-price laureate Vernon L. Smith (Thibault Schrepel) It’s about Price, not Competition (Ramsi Woodcock) Innovation & IP (CPI) Deterring Bad...Read More
I am very pleased to add one Nobel laureate to my “Antitrust Conversations”: Vernon L. Smith. Vernon has been awarded the Nobel Prize in Economics in 2002 for “having established laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms.” According to the Nobel Committee, he has “laid...Read More
I asked European academics (and friends) specializing in competition law to send me the list of their three favourite articles ever written in the field, and to explain their choice. It’s nothing easy (at all), but you’ll find their contributions right below. Thibault Schrepel @ProfSchrepel **** Thibault Schrepel (VU Amsterdam/Stanford University) 1. Friedrich A....Read More
Please find below the articles that I enjoyed during the month of August 2019. Mostly antitrust-related, but not limited to it. Learn about them on a more regular basis by following me on Twitter at @LeConcurrential. General antitrust: Symposium: Issues in Antitrust (Journal of Economic Perspectives) Fascism and Monopoly (Daniel A. Crane) Antitrust After Big Data (John M. Yun) Protecting Competition in the American Economy (Carl...Read More
In Thinking, Fast and Slow (2013), Daniel Kahneman (Nobel recipient, 2002) devotes a chapter to what he calls “heuristic questions.” See for yourself: “A remarkable aspect of your mental life is that you are rarely stumped. True, you occasionally face a question such as 17 × 24 = ? to which no answer comes immediately to mind,...Read More
I spent last week in Brazil, where I was invited by the International Chamber of Commerce to discuss blockchain and antitrust. The event has been very informative, a great success! I warmly recommend you to go to the 2nd edition of the Brazilian Competition Day next year. I also took advantage of my stay in São Paulo...Read More
Please find below the articles that I enjoyed during the month of July 2019. Mostly antitrust-related, but not limited to it. Learn about them on a more regular basis by following me on Twitter at @LeConcurrential. General antitrust: “Antitrust Without Romance” in videos (Thibault Schrepel) Common Understanding of G7 Competition Authorities on “Competition and the Digital Economy” (G7) FRAND and Antitrust (Herbert Hovenkamp)...Read More
