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Your Weekly Digest | Issue 52

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

Who Strikes Fear Into Silicon Valley? Margrethe Vestager, Europe’s Antitrust Enforcer

COPENHAGEN — At first blush, Margrethe Vestager’s decision to investigate Apple’s planned acquisition of the music-identification app Shazam seems fairly minor, at least by her standards. Read More.

The New York Times

Amazon, the Elephant in the Antitrust Room;

When it comes to antitrust enforcement, one of the guiding principles is the effect on consumer prices. So the antitrust question of the moment is this: Will combining AT&T with Time Warner or Sprint with T-Mobile so diminish competition that prices go up? Read More.


Bundeskartellamt imposes fines totalling 13.2 million euros on potato and onion packaging companies

The Bundeskartellamt has imposed fines totalling 13.2 million euros on two potato and onion packaging companies for fixing prices in their supplies to the Metro group. Read More.

Competition Policy Blog

Are slot remedies sufficient in airline mergers? The currently hypothetical case of IAG/Norwegian

On the 12 April 2018 the BBC reported that International Airlines Group (IAG) had acquired a 4.6% stake in Norwegian Air Shuttle (Norwegian). Read More.

Kluwer Competition Law Blog

Director disqualification and the CMA: Encouraging a “top down” compliance culture in the UK

In April 2018, the UK’s Competition and Markets Authority (the “CMA“) announced that two individuals would be disqualified from acting as directors for 3 and 3.5 years as a result of a company’s infringement of UK domestic competition law, specifically Chapter I of the Competition Act 1998 (the “Chapter I Prohibition“). Read More.

International Journal of Industrial Organization

Does enforcement deter cartels? A tale of two tails

Iwan Bos, Stephen Davies, Joseph E. Harrington Jr., Peter L. Ormosi,
This paper investigates the deterrent impact of anti-cartel enforcement. It is shown theoretically that if enforcement is effective in deterring and constraining cartels then there will be fewer cartels with low overcharges and fewer with high overcharges. Read More.

Journal of European Competition Law & Practice

Should Profit Margins Play a More Decisive Role in Merger Control? – A Rejoinder to Jorge Padilla

Tommaso Valletti and Hans Zenger
In a recent article in this journal,1 Dr Jorge Padilla discusses a speech that one of us had given on the interrelation between merger control and profit margins. Read More.

Yale Law Journal, Vol. 127, 2018, Forthcoming

Mergers That Harm Sellers

C. Scott Hemphill and Nancy L. Rose
This article examines the antitrust treatment of mergers that harm sellers. We show that lost upstream competition is an actionable harm to the competitive process. Our central claim is that harm to sellers in an input market is sufficient to support antitrust liability. Read More.

U of Penn, Inst for Law & Econ Research Paper No. 18-8

Anticompetitive Mergers in Labor Markets

Ioana Elena Marinescu and Herbert Hovenkamp
This paper examines a number of issues that are relevant to merger challenges in employment markets, focusing on the traditional rationale for challenging horizontal mergers – namely, that increased market concentration in labor markets threatens to facilitate coordinated interaction among employers that could lead to lower output and wage suppression in employment markets. Read More.

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Best wishes, CompetitionFeed Team

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