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Your Weekly Digest | Issue 39

Valur Thrainsson
2 min read

Good morning,

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


REUTERS

Viacom, CBS CEOs discuss potential merger

AT&T, owner of DirecTV, is asking for documents from a long list of companies as part of preparation for a trial to determine if they will be allowed to buy movie and TV show maker Time Warner, their lawyer Daniel Petrocelli said in a pre-trial hearing on Friday. Read More.

POLITICO

Vestager to critics: We’re not trying to be superheroes

Margrethe Vestager hit back Thursday against criticism that she was going overboard in trying to make markets fair, arguing that her investigators had no intention of behaving like “superheroes.” Read More.

CMA

CMA provisionally finds Fox/Sky deal not in the public interest

The CMA has provisionally found that Fox taking full control of Sky is not in the public interest due to media plurality concerns, but not because of a lack of a genuine commitment to meeting broadcasting standards in the UK. Read More.

European Commission

Commission fines Qualcomm €997 million for abuse of dominant market position

The European Commission has fined Qualcomm €997m for abusing its market dominance in LTE baseband chipsets. Qualcomm prevented rivals from competing in the market by making significant payments to a key customer on condition it would not buy from rivals. This is illegal under EU antitrust rules. Read More.

Chillin'Competition

THE Judgment of 2018 (C-179/16 Hoffman-La Roche v AGCM) Fake News as Restrictions by Object, Ancillarity and Unlawful Competitive Constraints

Yesterday, the Court of Justice rendered its Preliminary Ruling in the Hoffman-La Roche case. This is a Grand Chamber ruling dealing, among others, with the notion of “restriction by object”. This is THE Judgment of the year (mainly because it’s the only relevant one so far), but does contain some interesting food for blog. Read More.


Truth on the Market

Existing Antitrust Tools are Perfectly Adequate to Deal with the New “Winner-Take-All” Economy

Are current antitrust tools fully adequate to cope with the challenges posed by giant online “digital platforms” (such as Google, Amazon, and Facebook)? Yes. Should antitrust rules be expanded to address broader social concerns that transcend consumer welfare and economic efficiency... Read More.



DICE Discussion Paper

Merger effects on innovation: A rationale for stricter merger control?

Justus Haucap
The question how mergers affect innovation has gained prominence in a number of recent merger cases. Accounting for the likely effects of mergers on innovation is difficult for a number of reasons though. Hence, the market test for remedies, which is already difficult in other merger cases, given market participants’ strategic interests, will be even more difficult for innovation markets where competing firms can easily hide their intentions, research ides and pipelines. Read More.



DICE Discussion Paper

What past U.S. agency actions say about complexity in merger remedies, with an application to generic drug divestitures

Emch, Eric; Jeitschko, Thomas D.; Zhou, Arthur
Our analysis suggests that over time this distinction has become somewhat blurred and a better gradation of remedies may be tied to the complexity of the proposed remedy. Divestitures in the market for generic drugs, in particular, are particularly complex, even though the remedies are of a structural, and so their efficacy is hard to ascertain. Read More.

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

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