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Here below you find the most read articles over the last week.
ROME (Reuters) - Italy's Antitrust authority said on Tuesday that it fined the "big four" accounting firms a total of 23 million euros ($26.61 million) for allegedly conspiring to divvy up large public consultancy contracts, a statement said. Read More.
The Department of Justice has called on AT&T and Time Warner to sell CNN in order to complete their planned merger. Read More.
The Trump administration is correct in taking a hard look at the proposed takeover, which could discourage competition and hurt consumers. Read More.
The ACCC has decided to not oppose the proposed merger between Essilor International (Essilor) and Luxottica Group S.p.A. (Luxottica). Read More.
Local authority trading companies (LATCs) can be fairly contentious. Some believe they shouldn’t exist at all; others that they’re the best way to deliver public services; others still that they compete unfairly. The last of those is a complaint sometimes made to the Competition and Markets Authority (CMA). Read More.
Digital Assistants: How Artificial Intelligence Competition is Undermining “Hipster Antitrust” – Part II
This post explores in detail the impact of that digital assistant competition on the tech industry and its significant implications for competition policy and antitrust enforcement. Read More.
Luke Garrod and Matthew Olcza
- We analyse firms’ incentives to form a cartel when they can also collude tacitly
- A cartel improves monitoring over tacit collusion but runs the risk of sanctions
- We find cartels are less likely to arise in markets with a few symmetric firms
- This contrasts with the conventional wisdom but is consistent with some evidence
- It also raises questions over the use of structural indicators to screen for cartels. Read More.
David Besanko, Ulrich Doraszelski, Yaroslav Kryukov .
We study industries where the price that a firm sets serves as an investment into lower cost or higher demand. We show that dynamic competition leads to low deadweight loss and learning-by-doing causes the various contributions to deadweight loss to either be small or partly offset each other. Read More.
Survey on Vertical Agreements in 2017 – Is the Rigid Application of Competition Law to Distribution Agreements Going to Kill the Bu...
Louis Vogel and Joseph Vogel
Distribution agreements constitute one of the principal areas of application of competition law. Read More.
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