Antitrust economics at a time of upheaval: recent competition policy cases on two continents /
.-- Chicago: : Competition Policy International (CPI) , 2023
.-- 376 pág. ; 23 cm.
The past decade has been a time of great upheaval for transatlantic competition policy. This is evident in the United States (at the federal and state levels), the European Union, and the United Kingdom. With the reinvigoration of antitrust policy has come a reinvigoration of antitrust economics, which has been increasingly prominent in the reasoning of regulators and courts. This volume chronicles key flashpoints in this process, from an economics point of view. It provides 18 contributions from leading antitrust economists involved in recent groundbreaking merger, monopolization and anticompetitive-agreement cases on both sides of the Atlantic.
This book is a collection of essays that discuss recent major competition policy cases in both the United States and Europe from the past few years. The book covers mergers, monopolistic practices, and price fixing, and provides accessible economic analysis for readers interested in antitrust. The editors believe that the book will be useful for undergraduate courses in public policy, business school courses on public policy, and law school antitrust courses. They also hope that the case studies will be useful for scholars in reassessing their frameworks and finding motivating examples for their research.
TABLE OF CONTENTS
Editors' Bios
Authors' Bios
Introduction
I. MERGERS
1. Vertical, Horizontal, and Potential Competition: The Proposed Acquisition of Farelogix by Sabre
Chris Doyle, Kostis Hatzitaskos, Kate Maxwell Koegel & Aviv Nevo
2. Innovation Concerns in European Merger Control: Dow/DuPont and Bayer/Monsanto
Daniel Coublucq, David Kovo & Tommaso Valletti
3. Efficiencies, Remedies, and Competition: The Sprint/T-Mobile Merger
John Asker & Michael L. Katz
4. Upward Pricing Pressure in Supermarket Mergers: The UK’s Asda/Sainsbury Case
Howard Smith
5. Evaluating a Theory of Harm in a Vertical Merger: AT&T/Time Warner
Dennis W. Carlton, Georgi V. Giozov, Mark A. Israel & Allan L. Shampine
6. Bidding Analysis and Innovation Concerns in Merger Control: General Electric/Alstom
Daniel Coublucq & Giulio Federico
7. Mergers and Monopsony: The Anthem-Cigna Merger
David Dranove, Dov Rothman & Samuel Weglein
8. Cross-Market Hospital Mergers: The Cedars-Sinai/Huntington Memorial Litigation
Gregory S. Vistnes
II. MONOPOLY CONDUCT/ABUSE OF DOMINANCE
9. A Landmark Antitrust Case in Digital Markets: Google Search (Shopping)
Andrea Amelio
10. Market Definition for Two-Sided Markets: Ohio v. American Express
Michael L. Katz
11. Excessive Pricing as an Antitrust Harm: Three UK Cases in Generic Pharmaceuticals
Julie Bon & Mike Walker
12. Extension of Its Search Monopoly: The EC Case against Google Android
Cristina Caffarra & Federico Etro
13. Targeted Below-Cost Pricing in the Semiconductor Industry: The Qualcomm Predation Case
Liliane Giardino-Karlinger
14. Advertising, Customer Data, and Competition: The German Facebook Case
Rupprecht Podszun
15. Using and Misusing Microeconomics: Federal Trade Commission v. Qualcomm
Carl Shapiro & Keith Waehrer
16. Platform Price Parity Clauses: The Hotel Booking Industry
Thibaud Vergé
III. ANTICOMPETITIVE AGREEMENTS
17. No-Poaching Agreements as Antitrust Violations: Animation Workers Antitrust Litigation
Orley Ashenfelter & Ruth Gilgenbach
18. Can Four Traders Fix the Price of Money? The Euro-US Dollar Antitrust Litigation
Edward A. Snyder
9781950769308
Competencia Derecho de la competencia Economía de la competencia
Defensa de la competencia Antitrust Monopolios Remedios Teoría de daños Resarcimiento de daños Prácticas anticompetitivas Concentración de empresas Control de concentraciones Abuso de posición dominante Precios excesivos Publicidad Mercados digitales Plataformas digitales Definición de mercado relevante Protección de datos
Kwoka, John E.,, ed. lit. Valletti, Tommaso M.,, ed. lit. White, Lawrence J.,, ed. lit.
The past decade has been a time of great upheaval for transatlantic competition policy. This is evident in the United States (at the federal and state levels), the European Union, and the United Kingdom. With the reinvigoration of antitrust policy has come a reinvigoration of antitrust economics, which has been increasingly prominent in the reasoning of regulators and courts. This volume chronicles key flashpoints in this process, from an economics point of view. It provides 18 contributions from leading antitrust economists involved in recent groundbreaking merger, monopolization and anticompetitive-agreement cases on both sides of the Atlantic.
This book is a collection of essays that discuss recent major competition policy cases in both the United States and Europe from the past few years. The book covers mergers, monopolistic practices, and price fixing, and provides accessible economic analysis for readers interested in antitrust. The editors believe that the book will be useful for undergraduate courses in public policy, business school courses on public policy, and law school antitrust courses. They also hope that the case studies will be useful for scholars in reassessing their frameworks and finding motivating examples for their research.
TABLE OF CONTENTS
Editors' Bios
Authors' Bios
Introduction
I. MERGERS
1. Vertical, Horizontal, and Potential Competition: The Proposed Acquisition of Farelogix by Sabre
Chris Doyle, Kostis Hatzitaskos, Kate Maxwell Koegel & Aviv Nevo
2. Innovation Concerns in European Merger Control: Dow/DuPont and Bayer/Monsanto
Daniel Coublucq, David Kovo & Tommaso Valletti
3. Efficiencies, Remedies, and Competition: The Sprint/T-Mobile Merger
John Asker & Michael L. Katz
4. Upward Pricing Pressure in Supermarket Mergers: The UK’s Asda/Sainsbury Case
Howard Smith
5. Evaluating a Theory of Harm in a Vertical Merger: AT&T/Time Warner
Dennis W. Carlton, Georgi V. Giozov, Mark A. Israel & Allan L. Shampine
6. Bidding Analysis and Innovation Concerns in Merger Control: General Electric/Alstom
Daniel Coublucq & Giulio Federico
7. Mergers and Monopsony: The Anthem-Cigna Merger
David Dranove, Dov Rothman & Samuel Weglein
8. Cross-Market Hospital Mergers: The Cedars-Sinai/Huntington Memorial Litigation
Gregory S. Vistnes
II. MONOPOLY CONDUCT/ABUSE OF DOMINANCE
9. A Landmark Antitrust Case in Digital Markets: Google Search (Shopping)
Andrea Amelio
10. Market Definition for Two-Sided Markets: Ohio v. American Express
Michael L. Katz
11. Excessive Pricing as an Antitrust Harm: Three UK Cases in Generic Pharmaceuticals
Julie Bon & Mike Walker
12. Extension of Its Search Monopoly: The EC Case against Google Android
Cristina Caffarra & Federico Etro
13. Targeted Below-Cost Pricing in the Semiconductor Industry: The Qualcomm Predation Case
Liliane Giardino-Karlinger
14. Advertising, Customer Data, and Competition: The German Facebook Case
Rupprecht Podszun
15. Using and Misusing Microeconomics: Federal Trade Commission v. Qualcomm
Carl Shapiro & Keith Waehrer
16. Platform Price Parity Clauses: The Hotel Booking Industry
Thibaud Vergé
III. ANTICOMPETITIVE AGREEMENTS
17. No-Poaching Agreements as Antitrust Violations: Animation Workers Antitrust Litigation
Orley Ashenfelter & Ruth Gilgenbach
18. Can Four Traders Fix the Price of Money? The Euro-US Dollar Antitrust Litigation
Edward A. Snyder
9781950769308
Competencia Derecho de la competencia Economía de la competencia
Defensa de la competencia Antitrust Monopolios Remedios Teoría de daños Resarcimiento de daños Prácticas anticompetitivas Concentración de empresas Control de concentraciones Abuso de posición dominante Precios excesivos Publicidad Mercados digitales Plataformas digitales Definición de mercado relevante Protección de datos
Kwoka, John E.,, ed. lit. Valletti, Tommaso M.,, ed. lit. White, Lawrence J.,, ed. lit.