Category

Antitrust Law

Stanford CodeX Computational Antitrust 2nd annual conference

I am thrilled to announce the 2nd edition of the Stanford CodeX Computational Antitrust Project annual conference. We have a fantastic lineup of speakers waiting for you to discuss antitrust 3.0. Antitrust agencies from over 65 countries, top academics, and practitioners will discuss advances in the field for what promises to be a groundbreaking conversation. Join...
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The Effect of Venture Funding on Killer Acquisitions

The subject of killer acquisitions is capturing the ever-increasing attention of antitrust scholars and agencies. Several reasons explain this trend, but how frequent are killer acquisitions in practice? Prof. Schrepel waves in.
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Daniel F. Spulber: “How Do Vertical Mergers Affect Innovation? Learning from Illumina”

"How Do Vertical Mergers Affect Innovation? Learning from Illumina", this month's guest contribution by Daniel F. Spulber, Professor of International Business, Strategy, and Law at Northwestern University. Spoiler alert: there does not appear to be empirical evidence that vertical mergers diminish innovation and harm competition.
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Thomas W. Hazlett: The FTC’s Rendition of the “Cellophane Fallacy”

In the pending case of FTC v. Facebook, the Government alleges price increases for the “free” service. In this zero-price offering, the FTC argues that effective prices have been increased by Facebook by relaxing rules that protect against the use of personal information. These instances have not led to observed declines in quantities demanded (for...
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The Antitrust API

Computational antitrust promises not only to help antitrust agencies preside over increasingly complex and dynamic markets, but also to provide companies with the tools to assess and enforce compliance with antitrust laws. The Stanford Computational Antitrust project is pushing new boundaries and exploring new territories in the space. (...)
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Eleanor E. Fox: “Response to Professor Jonathan B. Baker On The Competitive Process Goal”

Competitive Process is not a standard but a descriptor I read with interest the essay of Professor Jonathan Baker, A Competitive Process Goal Won’t Strengthen Antitrust. The essay catalogues the dangers and pitfalls of using “protection of the competitive process” as the standard for antitrust violations. Professor Baker attributes this standard to me. I do indeed...
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Calling For a New Theory of Dynamic Competition

Welcome to Ph.D. Voices, a monthly series in which Ph.D. candidates share their research with the antitrust world. The first entry is by Anouk van der Veer, Ph.D. candidate at the European University Institute. **** Introduction Once upon a time, companies like Google, Apple, and Meta were praised for their success. But the fairy tale has...
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Dennis W. Carlton: “How to make sensible merger policies?”

Dear readers, I am delighted to present you with this month’s guest article by Dennis W. Carlton, Professor of Economics Emeritus at the Booth School of Business, University of Chicago. All the best, Thibault Schrepel **** Merger policy is a topic of heated debate. At times, the rhetoric on both sides seems exaggerated. Some claim that, partially...
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Four Bad Reasons to Bring Criminal Monopolization Cases

Welcome to Crane’s Cartel, a trimonthly series where University of Michigan law professor Dan Crane engages in hard-core mind-fixing. **** The leadership of the U.S. Justice Department Antitrust Division has made waves in recent months by publicly stating an interest in reviving the long-discarded practice of bringing criminal cases under Section 2 of the Sherman...
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Jonathan B. Baker: “A Competitive Process Goal Won’t Strengthen Antitrust”

Dear readers, I am delighted to present you with this month’s guest article by Jonathan B. Baker, Research Professor of Law at American University Washington College of Law. All the best, Thibault Schrepel **** Antitrust expert Eleanor Fox has insisted for decades that antitrust law’s central norm is to protect the competitive process, not to promote consumer...
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LAUNCH: “Blockchain Online Course”

I am thrilled to be presenting you with the Blockchain Online Course (https://blockchainonlinecourse.org) offered by the Vrije Universiteit Amsterdam. What’s in it? The blockchain online course is first designed to teach you about blockchain functioning and dynamics. We also cover the most important legal issues concerning competition law and economic dynamics to put you on...
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Ariel Ezrachi and Maurice E. Stucke: “The Darker Sides of Digital Platform Innovation”

Dear readers, I am delighted to present you with this month’s guest article by Ariel Ezrachi, Slaughter and May Professor of Competition Law and Director of the University of Oxford Centre for Competition Law and Policy, and Maurice E. Stucke, Douglas A. Blaze Distinguished Professor of Law at the University of Tennessee and co-founder of the...
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Competition Stories: May & June 2022

Welcome to the Competition Stories – a bimonthly exploration of recent courts and competition law agencies’ decisions. Authored by Makis Komninos, a renowned expert in the field, this new column aims to go through the latest and most important developments in competition law of the last two months. We call them “stories” because Makis has promised to include some anecdotes from...
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Jonathan M. Barnett and David J. Teece: “Is the West Giving Away the Game?”

Dear readers, I am delighted to present you with this month’s guest article by Jonathan M. Barnett, Torrey H. Webb Professor of Law at the Gould School of Law, University of Southern California, and David J. Teece, Tusher Professor of Global Business in the Institute for Business Innovation, University of California, Berkeley. All the best, Thibault Schrepel...
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Lawrence J. White: “A Riff and a Half on the Delineation of Relevant Markets in Antitrust Cases”

Dear readers, I am delighted to present you with this month’s guest article by Lawrence J. White, Robert Kavesh Professor of Economics at New York University. All the best, Thibault Schrepel **** Introduction The delineation of relevant markets is a too-often neglected area of antitrust discussion. It is boring. It is infrastructure. It is technical. And...
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