Your Weekly Digest | Issue 77
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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Best wishes, CompetitionFeed Team
E-mail: valur@competitionfeed.com
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