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Your Weekly Digest | Issue 49

Valur Thrainsson
2 min read

Good morning,

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

The New York Times

European Authorities Raid Offices of 21st Century Fox Unit

European authorities raided the London offices of a unit of 21st Century Fox on Tuesday as part of an antitrust investigation into the distribution of sports programming. Read More.


More and more companies have monopoly power over workers’ wages. That’s killing the economy.t

Our current economic expansion has lasted almost nine years, yet wages have hardly budged, especially for less skilled workers. Inflation-adjusted wages for the average worker have risen only by 3 percent since the 1970s — and have actually declined for the bottom fifth. Read More.


AT&T economist argues Time Warner merger is good for consumers

WASHINGTON (Reuters) - AT&T’s (T.N) proposed merger with Time Warner Inc (TWX.N) would save consumers money because the marriage of a pay-TV provider with a movie and TV giant would create a more efficient company, an economist testifying for AT&T said in court on Thursday. Read More.


Joint ventures and competition law: dos and don’ts

How to stay on the right side of competition law when working with other organisations. Read More.

George Mason Law Review, Forthcoming

Antitrust Analysis Involving Intellectual Property and Standards: Implications from Economics

Jorge Padilla, Douglas H. Ginsburg and Koren Wong-Ervin
In this Article, the authors explain the economics of innovation and IP protection, licensing, and compulsory licensing, with specific applications to standards development and to standard-essential patents. The authors then propose first-best approaches based on the implications of the economics that courts and agencies can apply at each stage of an antitrust inquiry, from market definition and market power to the assessment of particular business practices. Read More.

ZEW - Centre for European Economic Research Discussion Paper No. 18-03

The Fall and Rise of Market Power in Europe

John P. Weche and Achim Wambach
The analysis reveals a sharp drop in markups during the crisis, followed by a post-crisis increase. The European average has not yet reached its pre-crisis level, which is in contrast to results for the US, where average markups have climbed to pre-crisis levels already in 2011. There is significant heterogeneity among European economies and the pre-crisis levels do have been exceeded in some countries. Read More.

Journal of European Competition Law & Practice

Commission Expansionism in EU Merger Control – Fact and Fiction

Philipp Werner Serge Clerckx Henry de la Barre
In recent years, against the backdrop of prominent economists, in particular, who are questioning the efficiency of competition law and calling for stricter and more effective merger control enforcement, the European Commission (‘Commission’) has gained a reputation for taking a tougher stance on enforcing EU merger control rules. Read More.

Journal of European Competition Law & Practice

On the Economic Effects of Price Parity Clauses - What Do We Know Three Years Later?n

Andrea Mantovani Claudio Piga Carlo Reggiani
Price parity clauses, also known as most favoured nations (MFN) provisions, are contractual terms used by online platforms to prevent client sellers from offering their products or services at cheaper prices on alternative sales channels. Read More.

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Best wishes, CompetitionFeed Team

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