Here below you find the most read articles on CompetitionFeed over the last week.
The European Commission has made commitments offered by Mastercard and Visa legally binding under EU antitrust rules. The companies will significantly reduce (on average by around 40%) their multilateral interchange fees for payments in the EEA with consumer cards issued elsewhere. Read More.
FTC Becomes a Founding Member of ICN Framework to Promote Procedural Fairness in Competition Enforcement
On May 1, the Federal Trade Commission registered for the International Competition Network’s Framework for Competition Agency Procedures (CAP), making it a founding member of the ICN’s most recent initiative to promote fair and informed competition enforcement procedures around the world. Read More.
The recent Franco-German proposals to potentially soften and/or politicize competition enforcement in the EU continue to generate debate. Read More.
The proposed merger of supermarkets Sainsbury’s and Asda is now off the table as the regulator has ruled against it, saying it would lead to higher prices for consumers. Read More.
Compared with the grand cause of climate change or the pointed self-interest of income tax, competition policy is a decidedly unsexy election issue. Read More.
Hal R. Varian
The term "network effects" has a clear meaning in economics but non-economists often confuse it with other concepts such as increasing returns to scale and learning-by-doing. This essay is an attempt to clear up some of this confusion. Read More.
It is conventionally understood that the purpose of antitrust law is to promote competition. Read More.
Fiona M. Scott Morton
We have learned that price increases (quality and innovation reductions) are bigger than we thought, while efficiencies that have been studied turn out to be much smaller than claimed up front. Read More.
Antitrust policy promises to be an important issue in the 2020 presidential election, and for good reason. Read More.
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