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Your Weekly Digest | Issue 48

Valur Thrainsson
2 min read

Good morning,

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


REUTERS

Singapore watchdog says Uber-Grab deal may have infringed competition

Singapore’s competition watchdog said it had reasonable grounds to suspect competition had been infringed by Uber Technologies Inc’s [UBER.UL] deal to sell its operations in Southeast Asia to rival ride-hailing firm Grab. Read More.

Department of Justice

Justice Department Requires Knorr and Wabtec to Terminate Unlawful Agreements Not to Compete for Employees

Settlement Prohibits Companies from Maintaining Employee “No-Poach” Agreements and Requires Cooperation in Ongoing Antitrust Division Investigation of Such Agreements. Read More.

ACCC

Second shipping company pleads guilty to criminal cartel conduct

Kawasaki Kisen Kaisha (K-Line), a global shipping company based in Japan, has today entered a guilty plea in the Federal Court to criminal cartel conduct. Read More.

OECD

Rethinking Antitrust Tools for Multi-Sided Platforms 2018

This report investigates how competition agencies can respond to the challenges posed by the multi-sided nature of platform markets, which are particularly common in the digital economy. Read More.

The Disruptive Competition Project

ANTITRUST IN 60 SECONDS: WHAT IS THE “ESSENTIAL FACILITIES DOCTRINE” IN THE U.S.?

The essential facilities doctrine is a “mandatory access remedy” that imposes a duty on a monopolist firm to deal with competitors by requiring “a monopolist to provide access to a ‘facility’ that the monopolist controls and that is deemed necessary for effective competition.” Read More.


Chillin'Competition

Restrictions by object in ISU: why has the Commission not drawn the lessons from Cartes Bancaires and Maxima Latvija?

There is something remarkable about the decision. If you take a look at it, you will realise that the Commission does not seem to incorporate the lessons of the most recent – and directly relevant – Court rulings, namely Cartes Bancaires and Maxima Latvija. Read More.



University of Mannheim / Department of Economics Working Paper Series

The effect of horizontal mergers, when firms compete in prices and investments

Massimo Motta, Emanuele Tarantino
It has been suggested that mergers, by increasing concentration, raise incentives to invest and hence are pro-competitive. To study the effects of mergers, we rewrite a game with simultaneous price and cost-reducing investment choices as one where firms only choose prices, and make use of aggregative game theory. Read More.



Discussion Paper

Don't Panic: A Guide to Claims of Increasing Concentration

Gregory J. Werden, Luke Froeb
The claims of increasing concentration are based on data that are far too aggregated. Market concentration can remain the same or decline despite increasing concentration for broad aggregates. Mergers have not increased concentration in airline and banking markets. Moreover, where market concentration has increased, that does not demonstrate a failure of antitrust law or its enforcement; market concentration naturally increases when the most innovative and efficient firms grow. Read More.

Visit CompetitionFeed and read more.

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

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