Good morning,

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

REUTERS

U.S. antitrust chief says evidence, not tweets, drives decision-making

The Department of Justice’s antitrust chief, Makan Delrahim, said on Tuesday that evidence drove the division’s decision-making rather than pressure from the president, who recently tweeted that he supported an antitrust probe of Comcast Corp (CMCSA.O). Read More.

POLITICO

EU slams Alstom-Siemens rail mega-merger plans

Brussels sets out objections to planned deal, saying it is ‘incompatible’ with the internal market. Read More.

sky news

Competition watchdog launches probe into 'bond market cartel'

A CMA investigation disclosed on Friday is focused on bond trading activities at a number of global banks, Sky News learns. Read More.

sky news

SSE admits 'big six' merger now in doubt

The announcement of an energy price cap by regulator Ofgem has been blamed for holding up the planned SSE-npower tie-up. Read More.

@DisCo_Project

FTC Hearings #6: Big Data, Privacy, and Competition

Last week, the FTC held the sixth in its set of hearings focusing on “Competition and Consumer Protection in the 21st Century.” Read More.

Chillin'Competition

The Intel Judgment, by its main authority

For several months now every conference and journal in our small world has featured a panel and a few articles on the Intel Judgment, on how to interpret it and on the impact it will have on enforcement and on judicial review going forward. Read More.

Working Paper

How Do Hub-and-Spoke Cartels Operate? Lessons from Nine Case Studies

Joseph E. Harrington
Hub-and-spoke collusion is when firms in a market coordinate their conduct by communicating through an upstream supplier or downstream customer. Read More.

International Journal of Industrial Organization

Reprint of: Horizontal mergers and product innovation

Giulio Federico, Gregor Langus, Tommaso Valletti
We propose an oligopoly model of stochastic product innovation and we study the effects of a merger on innovation incentives and on consumer surplus. Read More.

International Journal of Industrial Organization

How Mergers Affect Innovation: Theory and Evidence

Justus Haucap, Alexander Rasch, Joel Stiebale
This paper analyses how horizontal mergers affect innovation of the merged entity and its non-merging competitors. Read More.

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