Your Weekly Digest | Issue 95
Good morning,
Here below you find the most read articles on CompetitionFeed over the last week.
REUTERS
Vodafone expects mid-year EU approval on Liberty Global deal
Vodafone still expects to secure EU antitrust approval for its $22 billion purchase of Liberty Global’s assets in Germany and eastern Europe by the middle of the year, it said on Tuesday. Read More.
European Commission
Commission sends Statement of Objections to BMW, Daimler and VW for restricting competition on emission cleaning technology
The European Commission has informed BMW, Daimler and VW (Volkswagen, Audi, Porsche) of its preliminary view that they have breached EU antitrust rules from 2006 to 2014 by colluding to restrict competition on the development of technology to clean the emissions of petrol and diesel passenger cars. Read More.
HBR
Research: When Companies Cozy Up to Politicians, the Economy Suffers
When old technologies succumb to new creative ideas, competition thrives, innovation increases, the economy grows, and consumers benefit. Read More.
Chillin'Competition
The report on ‘Competition policy for the digital era’ is out: why change the law if there is no evidence? And how?
The much-awaited report on ‘Competition policy for the digital era’, jointly authored by Jacques Crémer, Yves-Alexandre de Montjoye and Heike Schweitzer (the latter my PhD supervisor and mentor for a lifetime) is finally out. It is a (most readable) 130-page long piece that, as expected, proposes some major changes to the system. Read More.
Truth on the Market
Is European Competition Law Protectionist? Unpacking the Commission’s Unflattering Track Record
Last month, the European Commission slapped another fine upon Google for infringing European competition rules (€1.49 billion this time). Read More.
Journal of European Competition Law & Practice
The Antitrust Damages Directive: Facilitating Private Damages Actions in the EU?
Barry Rodger, Miguel Sousa Ferro and Francisco Marcos
The Antitrust Damages Directive (Directive 2014/104/EU) is another step towards enhanced decentralisation of enforcement of EU competition law, in which victims of antitrust infringements are given a main role in enforcing the competition prohibitions. Read More.
NBER Working Paper
More Amazon Effects: Online Competition and Pricing Behaviors
Alberto Cavallo
I study how online competition, with its algorithmic pricing technologies and the transparency of the Internet, can change the pricing behavior of large retailers and affect aggregate inflation dynamics. Read More.
JRC Working Papers on Digital Economy
Access to digital car data and competition in aftersales services
Bertin Martens and Frank Mueller-Langer
This study looks at car data markets from an economic perspective. Read More.
Finance and Economics Discussion Series
The Effect of Common Ownership on Profits: Evidence From the U.S. Banking Industry
Jacob P. Gramlich and Serafin J. Grundl
Theory predicts that "common ownership" (ownership of rivals by a common shareholder) can be anticompetitive because it reduces the weight firms place on their own profits and shifts weight toward rival firms held by common shareholders. Read More.
Discussion Paper
Monopsony in the UK
Will Abel, Silvana Tenreyro and Gregory Thwaites
We study the evolution and effects of monopsony power in the UK private sector labour market from 1998 to 2017.Read More.
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