Skip to content

Weekly Digest | Issue 11

Valur Thrainsson
2 min read

Good morning,

We hope you are enjoying CompetitionFeed.

Here below you find the most read articles on CompetitionFeed over the last week.


POLITICO

How Uber’s Vestager play fell flat

Uber once had grounds to hope European Commissioner for Competition Margrethe Vestager would come to its rescue in Europe. Those hopes have largely vanished. At one point, Uber and Vestager — Europe’s top competition enforcer — appeared to be a great if audacious match: a new entrant disrupting a taxi sector riddled by cartels, state aid and bullying tactics; and a ballsy commissioner with sweeping powers hunting for a landmark case to define the second half of her term. Read More.

REUTERS

Google faces hefty EU fine in shopping case by August - sources

EU antitrust regulators aim to slap a hefty fine on Alphabet (GOOGL.O) unit Google over its shopping service before the summer break in August, two people familiar with the matter said, setting the stage for two other cases involving the U.S. company. The European Commission's decision will come after a seven-year investigation into the world's most popular internet search engine triggered by scores of complaints from both U.S. and European rivals. Read More.

FTC

FTC Requests Public Comment on Application from LafargeHolcim Ltd. to Amend Several Agreements that Were Part of 2015 Divestiture Ordered by the Agency

The Federal Trade Commission is currently accepting public comments on an application by LafargeHolcim Ltd. to amend the terms of several agreements that were part of a 2015 FTC order settling charges that the $25 billion merger of Holcim and Lafarge would likely harm competition in the United States. Under the order, the Commission required the parties to divest cement plants, quarries, terminals and other assets in 12 states and several locations in Canada. Read More.

Harvard Business Review

The U.S. Supreme Court Is Reining in Patent Trolls, Which Is a Win for Innovation

In the last week, the U.S. Supreme Court issued two important rulings limiting patent rights. The decisions, which were both unanimous, significantly scaled back the ability of patent holders to slow innovation by competitors, tipping scales that many legal scholars believe have become badly imbalanced. Taken together, the two cases will improve the innovation environment for companies in fast-changing industries. Consumers will get easier access to new products and fewer limits on those they already own. Read More.

Kluwer Competition Law Blog

Legal professional privilege in EU merger control

The European Commission increasingly issues large document requests in complex merger cases. The number of requested documents has increased significantly in recent years, from a few hundred to several hundred thousand, in particular in Phase I or Phase II cases that raise substantial issues. If the document request is issued during the formal proceedings, the documents have to be submitted within a few weeks or, in some cases, even within a few days. Read More.

CARLETON ECONOMIC PAPERS

Do Merger Efficiencies Always Mitigate Price Increases?

In a Cournot model with differentiated products, we demonstrate that merger efficiencies in the form of lower marginal costs for the merging firms (the insiders) lead to higher post- merger prices under certain conditions. Specifically, when the degree of substitutability is low between the products offered by the two insiders but high between those by an insider and an outsider, increased merger efficiencies may exert upward rather than downward pressure on the prices of the merging firms. Our results suggest that in cases where firms engage in quantity competition, antitrust authorities should not presume that merger efficiencies will necessarily mitigate the anticompetitive effects of the merger. Prices can go up because of large efficiencies. Read More.


Visit CompetitionFeed and read more.

Best wishes, CompetitionFeed Team
E-mail: valur@competitionfeed.com

About CompetitionFeed
By aggregating material from over 300 sources and using human and artificial intelligence to pick out the most important articles, CompetitionFeed provides an effective way to monitor all this information. That would be impossible for any single person.

Events and Jobs
Looking for a job or an interesting event to attend? Visit CompetitionFeed.com

newsletter