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

BBC

Tata steel unions 'unconvinced' by merger

Unions at Tata are now "unconvinced" the proposed merger with the German steel giant Thyssenkrupp should happen. Read More.

skynews

Watchdog may exempt biggest firms from joint audit rule

Competition regulators are considering excluding some companies from a controversial audit reform, Sky News learns. Read More.

FTC

FTC Hearings on Competition and Consumer Protection in the 21st Century Continue with a Discussion of Merger Retrospectives

The hearings will feature opening remarks by FTC Chairman Joe Simons and further remarks by Commissioner Rebecca Kelly Slaughter, as well as a distinguished set of panelists. Read More.

Bundeskartellamt

Sector inquiry on comparison websites

Today the Bundeskartellamt has published the final report on its inquiry into comparison websites. Read More.

Patent Progress

Delrahim Out Of Step With FTC, Industry, Academics On FRAND/SEP

In the U.S., antitrust laws are typically enforced by both the Federal Trade Commission (FTC) and the U.S. Department of Justice (DOJ). Read More.

CMA

Merger controls in the digital age: investigating the proposed Experian and ClearScore merger

It is often said that applying competition laws to digital marketplaces can be challenging. Read More.

Kluwer Competition Law Blog

UK Issues First Fine For Concealing Evidence During a Dawn Raid

Alberto Cavallo
In March 2019, the UK Competition and Markets Authority (“CMA”) issued its first fine on a company for concealing relevant evidence during a dawn raid, fining Fender Musical Instruments Europe Limited (“Fender”) £25,000. Read More.

Review of Industrial Organization

Competition, Mergers, and R&D Diversity

Richard J. Gilbert
This paper describes a model of research and development (R&D) investment in which firms can choose any number of R&D projects that have independent and identical probabilities of success. Read More.

Working Paper

When is Double Marginalization a Problem?

Tommy Gabrielsen, Bjørn Olav Johansen and Greg Shaffer
Double marginalization refers to the distortion caused by the successive markups of independent firms in a distribution channel. Read More.

Discussion Paper

Gift cards or vouchers as a collusive device

Jeong-Yoo Kim and Jihoon Park
In this paper, the authors provide a rationale for why firms issue gift cards or vouchers. Mainly, issuing gift cards can be considered as a collusion-facilitating practice. Read More.

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